Canadian Heavy Crude Rebounds Amid Cheaper Tanker Costs
AI Summary
Canadian heavy crude has rebounded from its weakest level in eight years as tanker rates have eased and oil prices have fallen. The description links the crude’s stronger performance to the subsiding surge in transport costs.
Canadian heavy crude has strengthened from the weakest in eight years as a surge in tanker rates subsides and oil prices drop.
Markets Commodities Energy Shipping Canadian heavy crude crude prices tanker rates oil markets transport costs