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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... see more

TSX:SU - Post Discussion

Suncor Energy Inc > EIA:Big draw.
View:
Post by spurwing2 on Aug 21, 2024 10:33am

EIA:Big draw.

United States EIA Crude Oil Stocks Change

Summary | Data & Chart | Forecast | News & Analysis
US Energy Information Administration
Source:
Frequency: Weekly

The EIA Crude Oil stockpiles report is a weekly measure of the change in the number of barrels in stock of crude oil and its derivates, and it's released by the Energy Information Administration. This report tends to generate large price volatility, as oil prices impact on worldwide economies, affecting the most, commodity related currencies such as the Canadian dollar. Despite it has a limited impact among currencies, this report tends to affect the price of oil itself, and, therefore, had a more notorious impact on WTI crude futures.

    Actual Dev.
Consensus  
 

Last release

Wed Aug 14th, 2024 14:30

 1.357M 1.82 -2M  

Current release

Wed Aug 21st, 2024 14:30

 -4.649M -- -2.8M
Comment by pooltec on Aug 21, 2024 10:51am
Yep thinking trumpites control storage, demos the price.  Back and forth most likely for 11 more weeks till election.
Suncor Energy Inc
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