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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 > U.S. Debt Downgrade timing
View:
Post by matt2018 on Aug 02, 2023 10:45am

U.S. Debt Downgrade timing

peculiar timing of a U.S. debt downgrade
The night before a -17M bbl draw in crude stocks announcement.
Weren't the Dems in power last time there was a downgrade on U.S. debt (Obama)?
Maybe they are just no good at this.
two words..... buying opportunity.
Comment by matt2018 on Aug 02, 2023 10:49am
Price of Oil now down over $2.00 bbl. Perhaps today they will make the announcement and make it official; "Peak Oil Demand has arrived, as of today!"
Comment by pooltec on Aug 02, 2023 11:30am
Thought it was linked to the trump news
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