Canada boosts oil output with new pipeline

The authorities of the Canadian province of Alberta issued 1,764 oil well drilling permits during the first half of 2026, the highest level since 2014. The Clearwater field accounted for approximately 20% of these permits, supporting Canada's efforts to expand its oil production and reduce reliance on American infrastructure. Meanwhile, daily oil production reached around 5.35 million barrels, reflecting an increase compared to the previous year.

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