Supply restriction for oil due to Canada's main oil-producing province, Alberta, extending mandatory curtailments on crude production by an extra year through 2020

  • Citing uncertainty about when expanded pipelines may come online.
  • Alberta Energy Minister Sonya Savage said that with delays in pipeline approvals such as Enbridge Inc's Line 3 replacement, production levels could exceed rail and pipeline capacity by 150,000 barrels per day, and greater price discounts could reappear, unless the province extended curtailments.

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