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 > EIA: Crude -10.6, Gasoline -0.2, Dist +1.2

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Comment by matt2018on Aug 30, 2023 1:05pm

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Post# 35612258

RE:EIA: Crude -10.6, Gasoline -0.2, Dist +1.2

thanks for the reports migraine..... crude draws dont move the oil price very much lately.
Even large draws like today.
The herd focus more on news out of China plus they really fear Powell's next move.
Unless there is a shock to the system, oil traders arent buying the potential shortages.
I noticed Libya imports into the U.S. were zero barrels for the week.
But according to feds, Suncor is really doing well there.

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Southern Ontario mineral processing operation receives green fund support