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Suncor Energy Newsroom
One bad news for oil bulls: OPEC+ "no more".
OPEC's control over the oil market is increasingly weakening, and if no action is taken, the organization's control may completely disappear.
Afternoon crude oil analysis: Brent crude oil futures prices have increased slightly, and the oil field in Kazakhstan remains shut down...
Kazakhstan's Deputy Minister of Energy, Alibek Zhamauov, stated on December 2nd that due to maintenance reasons, Kazakhstan's Tengiz oil field with a production capacity of 0.6 million barrels per day is still partially shut down.
OPEC's crude oil production capacity has expanded for two consecutive months, and the rhetoric of "overcapacity" is sweeping the oil market.
In November, the daily production increased by 0.12 million barrels; under pressure from allies, Iraq has been reducing production for three consecutive months.
International oil prices are fluctuating within a range, and the retail price limit of refined oil may face being stranded.
Gelonghui, December 3 | According to Zhuochuang news, during this period, the domestic reference crude oil product change rate showed a gradual downward trend after turning from negative to positive.
Crude Oil Trades Stuck in Tight Range Ahead of Crucial OPEC+ Meeting
Oil Markets on Edge Amid OPEC+ Output Policy and European Gas Concerns
Leakage and terrorist attacks pose dual risks to the world's most important pipeline system.
The northern oil pipeline of the Druzhba system may experience a "leak", while the southern oil pipeline is troubled by terrorist threats.
Suncor Energy To Go Ex-Dividend On December 3rd, 2024 With 0.42516 USD Dividend Per Share
December 1st (Eastern Time) - $Suncor Energy(SU.US)$ is trading ex-dividend on December 3rd, 2024.Shareholders of record on December 3rd, 2024 will receive 0.42516 USD dividend per share on December 2
Crude oil: Oil prices fell in light trading as OPEC+ production increase plans face uncertainty.
Due to the uncertainties surrounding the OPEC+ production plan and the Israel-Hezbollah ceasefire agreement, crude oil futures declined in light trading after the holiday.
Suspense heightened! OPEC officially announced the postponement of an important meeting, intensifying the battle between production cuts and increases.
The analysis pointed out that although the two meetings of OPEC+ were held online, their importance is very high, as they relate to the organization's oil production plans for the next year, which will have a huge impact on international oil prices and the revenues of member countries.
Struggling to move forward? After changing to an online meeting, the OPEC+ meeting has been postponed.
Representatives claim that the official reason for the postponed meeting is conflicting schedules of the ministers, do you believe it?
Trump's tariff plan angers many? US oil industry warns: rbob gasoline costs rise exacerbating consumer burden
① President-elect Trump of the usa threatens to impose a 25% tariff on products from Mexico and Canada, causing concerns in the oil rbob gasoline industry; ② U.S. refineries highly rely on crude oil imports. The American Petroleum Institute warns that tariffs will raise refining costs and gasoline prices, exacerbating consumer burden; ③ Analysts believe the likelihood of Trump implementing the tariff plan is small.
Oil Prices Steady Amid US Gasoline Stock Build And OPEC+ Uncertainty
Trump's Tariff Bombshell: Could U.S. Gas Prices Skyrocket?
OPEC+ faces a difficult decision: continue to cut production or face a sharp drop in oil prices?
According to forecasts, even if OPEC+ does not increase production next year, there will still be a large surplus in the oil market. If production cuts are maintained, some member countries may easily become discontented.
Goldman Sees 'Significant' Hit to US From Trump's Canada Tariffs
Trump's oil drilling plan leaves OPEC+ in a difficult position.
Trump's aggressive plan to significantly increase usa's oil production poses a "direct threat" to OPEC+'s market share.
Alberta Prepares to Fight Trudeau Cap on Oil and Gas Emissions
Energy Down as Oil Slump Continues -- Energy Roundup
Suncor Energy Says Shortly After 11:00 A.m. On Nov. 26, Sarnia Refinery Experienced Operational Issue In One Of Its Units; In Process Of Restoring Unit To Normal Operating State, Visible Plume, Potential Odor May Have Been Detected Beyond Sarnia...