Canadian crude by rail exports fall to another 8-year low in July

(Source: Canadian Press, September 23, 2020)

CALGARY — Canadian exports of crude oil by rail fell to another eight-year low in July despite the gradual recovery of North American fuel demand from low levels due to measures taken to control the COVID-19 pandemic. The Canada Energy Regulator says rail shipments of oil in July fell to about 39,000 barrels per day, down from 42,820 bpd in June (also an eight-year low).

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Wednesday, September 23, 2020