Suncor Energy forecasts higher oil and gas production in 2025 amid rising U.S. fuel demand.

Suncor Energy predicts a rise in oil and gas production in 2025, estimating between 810,000-840,000 barrels per day, up from 770,000-810,000 bpd in 2024. This increase is driven by expected higher fuel demand in the U.S., Suncor's main market. Despite the production increase, the company plans to reduce capital expenditure to $6.1 billion to $6.3 billion in 2025, down from the current year's forecast.

3 months ago
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