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Canadian oil sands project Syncrude cuts September crude deliveries, say sources

September 23, 2021 9:18 AM
Reuters

The Syncrude oil sands project in northern Alberta has cut September deliveries after declaring a force majeure earlier this month, two market sources told Reuters on Thursday.

Syncrude, which is majority-owned by Suncor Energy, expects to cut 15-20% of deliveries to customers, one source said. Another source said that amounted to 1.5 million barrels for the month.

Suncor did not immediately respond to a request for comment.

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