Canada crude outage to tighten supplies, reduce oil flow to Cushing
Posted onNew Delhi: By Devika Krishna Kumar A production problem at one of Canada‘s largest oil sands facilities drove front-month U.S. crude futures to their steepest premium above second-month futures since 2014 on Monday. Canada is the world’s fourth-largest oil producer and could lose as much as 10 percent of its supply in July after a power outage last […]