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... see more

Add To Watchlist

TSX:SU - Post Discussion

Suncor Energy Inc > Iran oil is not a factor

View:

Post by Franman184 on Feb 14, 2022 11:34am

Iran oil is not a factor

Legitamizing thier sales only means more revenue not more barrells

According to data from cargo tracking companies, Iran has been exporting some 1 million bpd lately, which is the highest export rate since 2019. In December, according to Petro-Logistics data, Iran exported more than 1 million bpd of crude. The January average, however, has been lower at 700,000 bpd.

170

Comment

Comment by NPCexe on Feb 14, 2022 11:38am

My understanding is they have a capacity of about 4 mn bpd.. "Iran is set to boost its crude oil capacity to 4 million b/d by March 2022, returning to levels not seen since before the US withdrew from the nuclear deal and re-imposed sanctions on the country's crude sales in 2018, the oil ministry's news service Shana reported Nov. 28." >>>>https://www.spglobal.com ...more

110

Comment