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Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

Energy Oil & Gas Integrated
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

Suncor Energy Inc > EIA Crude draw -12.5m, Gasoline -2.1m Dist -0.6m
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Comment by matt2018on May 24, 2023 12:21pm
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Post# 35462080

RE:EIA Crude draw -12.5m, Gasoline -2.1m Dist -0.6m

RE:EIA Crude draw -12.5m, Gasoline -2.1m Dist -0.6mNotice that after OPEC official starts hinting about possibly "taking more action" in the upcoming June 4 meeting, the U.S. reports large crude draws?
They dont want more cuts. That would be devasting.
At the same time, its going to be a natural thing with rig count/new investment collapsing.
With EIA predicting 2023 demand to outstrip current supply (future supply could be in even worse shape).
Migraine, do you have that list of imported bbls by country?
The 5.85M seems really low.
Perhaps Cdn imports down from the shut-ins?


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