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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 and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks... see more

TSX:SU - Post Discussion

Suncor Energy Inc > OPEC Chief:Too much doom&gloom,bullish on oil demand.
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Post by spurwing2 on Nov 04, 2024 8:34am

OPEC Chief:Too much doom&gloom,bullish on oil demand.

https://www.cnbc.com/2024/11/04/opec-chief-is-bullish-on-oil-demand-despite-extended-production-cuts-.html
Comment by Experienced on Nov 04, 2024 8:57am
He may be right but demand is only one side of the equation...with the production cuts, OPEC has lots of excess supply to meet a higher demand which would limit oil price increases. All that aside, the question for investors is always to find a solution to the question - "Based on my investment objectives where is will I get the best risk adjusted return on my money".  Frankly ...more