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Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading; offshore oil production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.


TSX:SU - Post by User

Comment by liljohnnyjokeon Nov 03, 2021 4:52pm
213 Views
Post# 34084050

RE:WTI down 4.25/bbl

RE:WTI down 4.25/bblBiden is trying to convince OPEC to increase production and drive oil prices down so US citizens can fill up big 4WD SUVs cheaply. Not sure why OPEC would want to increase production Now if storage is on the rise? Maybe in winter after some big draw downs in storage?
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