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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

Post by Galic1on Jun 05, 2022 7:53am
1812 Views
Post# 34732339

Jamie Dimon brace yourself for an economic hurricane’

Jamie Dimon brace yourself for an economic hurricane’

Dimon may not be predicting a tsunami just yet. But a hurricane is bad enough, and certainly more damaging than a regular storm. Dimon said he is also worried about the conflict in Ukraine and the impact it will have on oil prices, predicting on Wednesday that it's in the cards for crude prices to eventually spike as high as $150 to $175 a barrel. 

"Wars go bad. They go south. They have unintended consequences," he said, adding that this conflict will continue to roil the commodity markets around the world, impacting the prices of oil, gas and wheat.

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