08:01:26 EDT Fri 02 Jun 2023
Enter Symbol
or Name

Login ID:

Energy Summary for July 8, 2022

2022-07-08 20:12 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 August delivery added $2.06 to $104.79 on the New York Merc, while Brent for September added $2.37 to $107.02 (all figures in this para U.S.). Western Canadian Select traded at a discount of $20.80 to WTI, unchanged. Natural gas for August lost 27 cents to $6.03. The TSX energy index lost 2.32 points to close at 217.74.

Oil sands giant Suncor Energy Inc. (SU) lost 88 cents to $42.43 on 9.47 million shares. Its safety reputation has taken another blow, with yet another fatality at one of its oil sands projects. Late yesterday, Suncor issued a press release grimly disclosing the death of a contractor yesterday morning, following an unspecified "incident at a shovel maintenance pad" at its base mine. It did not release the name of the contractor. (This is common practice -- on the relatively uncommon occasions of a workplace fatality -- as companies generally wait to notify the next of kin and/or receive their consent before releasing a name.)

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

© 2023 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.