Suncor Energy’s Oil Production Hit a Record High in 2024

Canada’s Suncor Energy saw its oil production hit a record high in 2024, exceeding the high end of the company’s own forecast range, amid increased demand and eased access to markets. Suncor Energy’s annual production averaged 827,000 barrels per day (bpd) in 2024, up by 10.9% compared to 2023 and up by 17,000 bpd above its high-end guidance, the company said in an operational performance update for its upstream and downstream businesses for the fourth quarter and full year of 2024. Quarterly oil production in Q4 also hit a record.…