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Bullboard - Stock Discussion Forum
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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TSX:SU - Post Discussion
Suncor Energy Inc
> EIA See WTI at $56 For Q1 2021
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Owlseye1
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Post by
Owlseye1
on Jan 21, 2021 8:00pm
EIA See WTI at $56 For Q1 2021
More bullish news!! Hope there right.
(264)
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Chris007
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Comment by
Chris007
on Jan 21, 2021 8:20pm
The number is actually for brent... In its January Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) expects global demand for petroleum liquids will be greater than global supply in 2021, especially during the first quarter, leading to inventory draws. As a result, EIA expects the price of Brent crude oil to increase from its December 2020 average of $50 per
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Owlseye1
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Comment by
Owlseye1
on Jan 22, 2021 10:07am
Nice!! Ty
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