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Bullboard - Stock Discussion Forum Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

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

TSX:SU - Post Discussion

Suncor Energy Inc > Bullish Oil Fundamentals, and what could Derail it
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Post by MigraineCall on Jul 01, 2023 11:50am

Bullish Oil Fundamentals, and what could Derail it

Here is a great read on Rystad Energy's bullish oil outlook fundamentals, which takes into account risk assessments about what things could jeoparadize it.

Skip a few paragraphs to get to the meat. 

https://www.rystadenergy.com/insights/oil-fundamentals-are-about-to-turn-decisively-bullish
Comment by Experienced on Jul 01, 2023 5:14pm
Thanks for that Migraine.  useful perspective to say the least. While there is a lot to say about the underpinnings of their scenario, for the sake of argument, let's say they are right about oil going to 90 a barrel by yearend. If that were to happen then we would see a resurgence of inflation driven by the higher oil prices and another round of interest rate hikes.  In the case ...more  
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