23:06:14 EST Tue 30 Nov 2021
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save

Energy Summary for Oct. 1, 2021

2021-10-01 20:21 ET - Market Summary

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Stockwatch Business Reporter

West Texas Intermediate crude for November delivery added 85 cents to $75.88 on the New York Merc, while Brent for December added 97 cents to $79.28 (all figures in this para U.S.). Oil markets headed into the weekend with eyes trained on the coming OPEC+ meeting on Monday. Western Canadian Select traded at a discount of $11.97 to WTI, down from a discount of $11.70. Natural gas for November lost 25 cents to $5.62. The TSX energy index added a fraction to close at 145.35.

Oil sands giant Suncor Energy Inc. (SU) added 21 cents to $26.47 on 8.29 million shares. It has taken over sole operatorship of the Syncrude joint venture, in a move that president and chief executive officer Mark Little cheered as a "critical step toward driving greater efficiencies and competitiveness." Suncor owns a 58.7-per-cent interest in Syncrude. The other owners are Imperial Oil Ltd. (IMO: $41.04), which owns 25 per cent, China's Sinopec, at 9 per cent, and China's CNOOC, at 7.2 per cent.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS

© 2021 Canjex Publishing Ltd. All rights reserved.


Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.