CERAWEEK-Canada could boost oil supplies to US, but also needs new markets, Alerta premier says
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Alberta Premier Danielle Smith highlighted Canada's ongoing oil supply to the United States while emphasizing the strategic importance of developing alternative markets. The comments come in response to potential tariff threats from former US President Donald Trump, signaling Canada's desire to reduce dependency on a single export market.
March 18, 2025 | 11:30 am
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NEUTRAL IMPACT
Potential changes in Canada-US oil trade could impact energy market dynamics, potentially affecting broader energy sector performance.
The potential market diversification and trade tensions could create uncertainty in energy markets, leading to neutral short-term price movement for energy-related ETFs.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 60