Alberta’s oil cuts could hit light oil producers, rail shipments

(Source: Reuters, December 5, 2018)

VANCOUVER — Alberta’s decision to mandate output cuts to reduce a supply glut will have negative effects on North American producers of lighter oil used for blending and U.S. refiners importing crude via rail, even as several major Canadian energy companies cheered the move.

Full story: Reuters

Thursday, December 6, 2018

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