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Canadian Oil Enters Fourth Quarter at Strongest Level Since July

Bloomberg•Thursday, October 9, 2025 at 4:42:47 PM
PositiveFinancial Markets
Canadian Oil Enters Fourth Quarter at Strongest Level Since July
Canadian heavy crude prices are experiencing a significant boost as they enter the fourth quarter, reaching their highest levels since July. This surge is largely driven by increasing demand from Asia for heavy oil sands crude, which is a positive indicator for the Canadian oil industry. As global markets shift and demand fluctuates, this uptick not only benefits producers but also signals a potential recovery in the sector, making it an important development for investors and stakeholders alike.
— Curated by the World Pulse Now AI Editorial System
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