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Canadian Natural’s Oil Output Rises but Suncor Drops in September

OIL

Canadian Natural’s oil output from wells increased by 2.7% in September to the highest since July 2019 at 446kb/d driven by a 13kb/d rise at the Wolf Lake oil sands well site according to Bloomberg citing Alberta Energy Regulator data.

  • Suncor oil output however showed a monthly decline of 19% in September to the lowest since June 2022 at 207.8kb/d. Production decreased amid scheduled maintenance with Firebag production down 31.6kb/d and McKay River falling 19.3kb/d.


Source: Bloomberg

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