CALGARY/HOUSTON (Reuters) -China has emerged as the top customer for Canadian oil shipped on the expanded Trans Mountain pipeline, ship tracking data showed, as a U.S. trade war has shifted crude flows in the year since the pipeline started operating. China's new interest in Canadian oil comes as U.S. President Donald Trump's trade war has strained relations between longtime allies Washington and Ottawa. Canada is the world's fourth-largest oil producer, but its main oil-producing province of Alberta is landlocked with limited access to tidewater ports.
Argentina's black market for dollars falters as currency controls are eased
On the streets of downtown Buenos Aires, where years of tough currency controls fermented a thriving black market for dollars, an army of illegal money traders are finding times hard under the economic reforms of Argentine President Javier Milei. Milei tore down most currency controls last month, easing access for Argentines to official currency markets after six years of restrictions.
Reuters
•
55 minutes ago
A batch of U.S. retail earnings reports in the coming week is set to shed more light on the economic fallout from the shifting…
Canada struck a pipeline deal with Alberta on Thursday to diversify the country's oil exports beyond the U.S.
China is already purchasing Australian canola on a trial basis as Canadian shipments plunge due to Chinese tariffs, industry…
Beijing’s deepening energy trade with Moscow makes Russia top source of China’s crude oil imports, while analyst sees paused US…
The rift between two provinces at odds over a proposed pipeline is straining Canada's unity as it seeks to become an energy…
With $14 billion in investment projects and rising exports, China has consolidated its position as a key trading partner for…
