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Conflict-driven oil price spikes not sustainable: Report

Summary by Edmonton Journal
Continued geopolitical instability is unlikely to drive oil prices high enough for long enough to drive new investment into Canada's oil industry, according to a new report from the Royal Bank of Canada (RBC).

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Edmonton JournalEdmonton Journal
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Conflict-driven oil price spikes not sustainable: Report

Continued geopolitical instability is unlikely to drive oil prices high enough for long enough to drive new investment into Canada's oil industry, according to a new report from the Royal Bank of Canada (RBC).

·Edmonton, Canada
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Edmonton Journal broke the news in Edmonton, Canada on Thursday, June 26, 2025.
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