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Oil rally lifts Suncor after analyst upgrades
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Oil rally lifts Suncor after analyst upgrades
CALGARY — Shares of Suncor Energy moved higher Tuesday after a series of analyst upgrades tied to rising crude prices renewed investor interest in the oil sands producer. The company’s stock climbed about 6.2 per cent in recent trading as global oil markets tightened following supply disruptions in the Middle East, pushing benchmark crude prices to multi-year highs. Analysts pointed to Suncor’s integrated business model, which combines oil sands…
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