Suncor CEO Says Company Less Affected Than Peers By Widening Canadian Crude Differentials Due To Integrated Refining Capacity; Says Company Tracking Towards Low End Of Guidance For Capital Spending, Partly Due To Weather Conditions
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Why It Matters
Suncor says it handles oil price swings better than competitors because it refines its own oil. When bad weather slows work, the company spends less money than it planned to spend.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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