Canada Falls Short on Oil Promise It Made After Russia Started War in Ukraine

From bnnbloomberg.ca

Canada increased oil production in the second half of last year, but came short of its pledge to boost output by 200,000 barrels a day to help nations trying to shift away from Russian supplies after the Ukraine invasion. Production rose by about 168,000 barrels a day between December 2021 and December 2022, data from the Canada Energy Regulator show. Jonathan Wilkinson, Canada’s minister of natural resources, promised last March to help “our European friends” by adding to global crude supply after Russia attacked its neighbor and prices surged above $100 a barrel. He said Canada would raise oil production by ... (full story)