Despite slipping North American oil prices and fears of a potential "super glut" in 2026, Canada's o
Автор: EdmontonToday
Загружено: 2025-12-18
Просмотров: 921
Описание: Despite slipping North American oil prices and fears of a potential "super glut" in 2026, Canada's oil sector is better positioned than in previous downturns due to increased pipeline capacity, particularly the expanded Trans Mountain pipeline. This allows for more efficient and economical oil transportation to markets, mitigating the impact of lower global prices. While analysts foresee continued pressure on prices due to rising global supply and sanctioned oil stocks, the situation remains uncertain, with potential for production cuts or OPEC intervention. Canadians may benefit from lower gas prices, but oil producers face potential revenue losses as markets work through excess supply.
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