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Suncor Energy Keeps Outperform Rating, C$66 Price Target at RBC Capital Markets; Shares Hit 52 Week Highs Today
RBC Capital Maintains Suncor Energy(SU.US) With Buy Rating, Cuts Target Price to $45.75
RBC Capital Keeps Their Buy Rating on Suncor Energy (SU)
Oil Jumps on Fresh U.S. Sanctions Against Russia
Midday Crude Oil Analysis: Sanctions on Russian oil and conflicts in the Middle East, has the oil price breaking $80 per barrel just begun?
After the Biden administration announced strengthened sanctions on Russia's Energy exports, Brent Crude Oil Product Futures surged significantly during the early trading session in Asia, with prices exceeding 80 dollars per barrel.
The USA has implemented the "harshest" sanctions against Russia! Russia claims it will respond, and both oils opened higher with a gap.
This could be the key support for the strengthening of oil prices! Speculators have even already Hold long positions waiting for an increase...