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

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Suncor Energy Inc > Makes no sense, russian oil is blackballed

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Post by NPCexe on Mar 14, 2022 10:10am

Makes no sense, russian oil is blackballed

A peace agreement would not lift Russian sanctions of any sort, and at most it would lift at a highly restrictive level. So how does that make oil less valuable all of a sudden? Funny how we can change the hype of oil from one week to the next

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Comment by Chad123 on Mar 14, 2022 10:16am

Don't kid yourself. Lifting of sanctions can be worked into a peace agreement. Betcha there is all kinds of back door channels going on right now. I think oil went to low though....

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Comment by NPCexe on Mar 14, 2022 10:35am

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Comment by NPCexe on Mar 14, 2022 10:37am

Whoops sorry. I meant to type that it can very well be part of it, but not officially. I'm sure some iran oil has been flowing the same way in the west, bypassing official channels

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