Canada’s crude oil imports fell by 20 percent in 2020 due to lower demand in the pandemic, but the United States further cemented its position as top oil supplier to Canada, supplying nearly four out of every five barrels of oil, the Canada Energy Regulator said on Wednesday. Canada is a major crude oil producer and exports much more oil than it imports, almost exclusively to the United States.
Yet, Canada imports oil from abroad to feed refineries in its Atlantic Provinces, Quebec, and Ontario. “Less than one third of Canadian crude…U.S. Boosts Oil Exports To Canada
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