12:00:02 EDT Tue 13 Oct 2026
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Suncor Energy Inc
Symbol SU
Shares Issued 1,180,745,547
Close 2026-10-09 C$ 103.04
Market Cap C$ 121,664,021,163
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Globe/wire say Suncor sees Trump help old pal Putin

2026-10-13 06:50 ET - In the News

Also In the News (C-CVE) Cenovus Energy Inc
Also In the News (C-IMO) Imperial Oil Ltd

The Globe and Mail reports in its Saturday, Oct. 10, edition that President Donald Trump said on Friday that he has cut a diesel deal with Russia to help lower fuel prices, but analysts believe the impact on prices will be minimal. A Reuters dispatch to The Globe reports that diesel prices are near a record high. Mr. Trump announced on social media a "highly successful" talk with President Vladimir Putin, agreeing that Russia will supply over 300,000 tonnes of diesel to United States and global markets. Ukrainian President Volodymyr Zelensky criticized Mr. Trump's move. "Gifts to Putin will not bring peace or any benefit to the civilized world. Russia will 'repay' the diesel with further terror and perfidy," he said on X. The U.S. Treasury Department issued a general licence on Friday allowing importation of Russian diesel until April 7. Mr. Trump said Russia would supply another 500,000 tonnes in November and a further one million tonnes "immediately thereafter." Even more would follow, Mr. Trump said, "based on the condition of their diesel refineries," which have been damaged by Ukrainian attacks. Analysts said the agreement was unlikely to lead to sustained lower fuel prices.

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