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.

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Suncor Energy Inc > SU Chart Update: Easy Money

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Comment by MigraineCallon Aug 16, 2023 2:11pm

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Post# 35591419

RE:RE:SU Chart Update: Easy Money

Yes, WTI is being dragged down by Brent, as Gasoline and Heating Oil still strong in NA today.

In addition ot negative China news, Brent and WTI crude dropped through the 21 DMA support so some technical influences are playing out.

SU still unusually strong.