WS #11337
PM Carney and Alberta Premier Smith announce a new 1-million-barrel-per-day pipeline to BC coast, a public-private partnership with Trans Mountain Corp. and Pembina Pipeline Corp., boosting Canadian energy infrastructure and TSX. Oil prices fall as Hormuz shipping normalizes; Brent below $71, Citi forecasts $60 by year-end; OPEC output rises 2.34 mb/d in June.
Canada West Coast Pipeline Proposal
PM Carney and Alberta Premier Smith announce a new 1-million-barrel-per-day pipeline to BC coast, a public-private partnership with Trans Mountain Corp. and Pembina Pipeline Corp., boosting Canadian energy infrastructure and TSX.
Oil prices fall as Hormuz shipping normalizes; Brent below $71, Citi forecasts $60 by year-end; OPEC output rises 2.34 mb/d in June.