Supply Cuts Boost Canadian Oil Producers
TORONTO—Aggressive cuts by Canadian oil producers in the spring are starting to pay off in the summer. After coronavirus-related shutdowns stalled business, U.S. oil refiners have started making more gasoline for drivers who are returning to the road. That has increased demand for Canadian oil, which is the largest source of crude for Midwestern refineries.…
https://annplus.com/supply-cuts-boost-canadian-oil-producers/
TORONTO—Aggressive cuts by Canadian oil producers in the spring are starting to pay off in the summer. After coronavirus-related shutdowns stalled business, U.S. oil refiners have started making more gasoline for drivers who are returning to the road. That has increased demand for Canadian oil, which is the largest source of crude for Midwestern refineries.…
https://annplus.com/supply-cuts-boost-canadian-oil-producers/