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Msg  3800 of 3864  at  9/12/2019 9:01:20 AM  by

ffrvp97


Canada’s Oil Market Finds Outlet in U.S. Demand

 

"A glut of oil in Canada is easing, thanks to higher demand for dense crude from U.S. Gulf Coast refineries and government-imposed production cuts that have offset a shortage of pipeline capacity.

Canadian oil stockpiles have fallen to their lowest level since November 2017, with inventories dropping below 26 million barrels as of Aug. 30, according to data provider Genscape."

https://www.wsj.com/articles/canadas-oil-market-finds-outlet-in-u-s-demand-11568289600



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