Suncor Energy Inc. is sending high-demand products like jet fuel and diesel from its Canadian refineries to a variety of far-flung global destinations as strife in the Middle East continues to squeeze supplies.
In March, the Calgary-based oilsands producer, oil refiner and fuel retailer made sales in the Philippines and Puerto Rico, “both at significant premiums to market pricing,” chief financial officer Troy Little told analysts on a conference call Wednesday.
“We have spent years building up the logistics and commercial capabilities to act on opportunities just like these, and that investment paid off meaningfully this past quarter.”
Refined product sales for the first three months of 2026 were 680,900 barrels per day, up more than 12 percent from the same period a year earlier, Suncor said in its latest financial report released late Tuesday….