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Suncor Energy Newsroom
Citi Research's AI Hedge Stocks - Part II
GTJA Securities: Crude oil prices continue to trade in line with seasonal expectations.
Last week, crude oil prices continued to remain strong and broke through previous resistance levels. In terms of demand, according to the EIA report, the demand for refined products improved marginally month-on-month and crude oil inventory reduction was better than expected.
Crude Oil Declines on Monday, WTI Faces Familiar Technical Levels as Tropical Storm Fears Ease
Crude Oil Declines on Monday, WTI Faces Familiar Technical Levels as Tropical Storm Fears Ease
Global commodity inventory is in a state of emergency: inventory days of available commodities outside of China experienced the largest month-on-month decline in 31 months.
JPMorgan said that the main reason for this decline was due to the decrease in crude oil and refined product inventories. The global available days of oil and refined products in June decreased sharply by 2.5 days, the largest monthly decline in four years.
Optimistic prospects for interest rate cuts have led to a general increase in major overseas asset classes such as US stocks, gold, silver, and crude oil. Weekly report on major overseas assets.
After the release of non-farm data for the week of July 1-5, the US stock and bond markets rose and the US dollar came under pressure. Upon realizing the 'data detail' that the data in the first two months before non-farm was cut by 0.11 million, US bonds sharply rebounded and the yield curve became steeper.
Market Chatter: Suncor Reduces Output From the 235,000 BPD Firebag Project Due to Wildfire Risk
Suncor Energy (SU.TO, SU) is curtailing some production at its Firebag thermal oil sands project in northern Alberta with the site under threat from an out of control wildfire, Canadian Press reported
Wildfire Risk Forces Suncor To Shut Down Firebag Oil Sands Site: Report
Suncor Energy Inc. (NYSE:SU) reportedly temporarily shut down its 215,000 barrel-per-day Firebag oil sands site in northern Alberta.The company also reduced some production as a precautionary measure
WTI Moves Below $83.50 Amid Expectations of Increased Supply, US NFP Awaited
West Texas Intermediate (WTI) Oil price trades around $83.50 per barrel at the time of writing.
U.S. Oil Growth Is Slowing. What's Next for Prices. -- Barrons.com
Growing U.S. oil production has played an enormous role in the energy market since the pandemic.
Suncor Oil Sands Site Shut Because of Nearby Wildfire, Alberta Minister Says
Wildfire Burns Out of Control Near Suncor's Firebag Oilsands Site
K-Bro Linen And 2 Other TSX Dividend Stocks To Consider
Market concerns are being triggered by the poor implementation of production cuts. OPEC+ urges member countries to make up for quota cheating.
In the effort to support the global oil market, OPEC+ is pushing member countries to make up for cheating on supply quotas. However, there is little indication that they are changing.
Oil Slips After U.S. Data Points to Cooling Economy
0816 GMT - Oil prices edge lower on a thinner trading day due to the Fourth of July holiday, in spite of softer-than-expected U.S. employment and business activity data fuelling optimism for future ra
Energy & Utilities Roundup: Market Talk
The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0112 GMT - AGL Energy should continue to benefit from higher pow
Is the oil price driver here? Category 4 Hurricane Belial is advancing into Texas, threatening major US refineries.
The hurricane season in the Caribbean Sea is threatening the operation of major oil refineries in Texas, the largest oil-producing state in the United States.
Schneider Electric(TM) Sustainability Research Institute, Towards New Energy Systems and Process Electrification: Optimizing Renewable Energy Integration and Grid Costs for Electrified Ammonia Production
Driving the Transition to Sustainable Ammonia Production through Advanced Techno-Economic AnalysisNORTHAMPTON, MA / ACCESSWIRE / July 3, 2024 / Schneider ElectricDownload the Schneider Electric Sustai
Suncor Energy Maintains "Outperform" Rating, $65 Price Target at RBC Capital Markets
Suncor Energy (SU.TO) maintained its "outperform" rating and $65 price target as the company remains well-positioned to continue operating while addressing its longer term development opportunities, R
Suncor Energy Development Opportunities Stand Out for Bull -- Market Talk
0849 ET - RBC Capital Markets comes away from meetings with Suncor Energy executives confident the energy company is well positioned to demonstrate ongoing operating and financial momentum. Analyst Gr
Exploring TSX Dividend Stocks: Why To Avoid Nutrien And Consider One Better Option