TMX Opens Asia Route As Canadian Crude Discounts Narrow ...Middle East

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TMX Opens Asia Route As Canadian Crude Discounts Narrow
source : OILPRICE ( Middle East ) () 103
Previously, we reported that U.S. investors are increasingly pumping money into Canada’s fossil fuels sector, with U.S. funds now owing nearly 60% of Canada’s Oil & Gas sector thanks to low costs, favorable policy changes and the completion of the Trans Mountain Pipeline (TMX) expansion. That’s a major shift from a decade ago when global funds were busy divesting from Canadian oil sands driven by a combination of low global oil prices, high production costs, and increasing environmental concerns over pollution. Back then,…

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