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Ukraine war shook up markets, but much stays the same for Canadian oil and gas

Summary by Ground News
One year ago, crude prices spiked above US$100 per barrel for the first time since 2014. Many observers predicted the war and Western sanctions against Russia could disrupt energy markets for years to come. But for now, the global oil market is relatively balanced, and the record oil prices seen in the first half of 2022 did not persisted.

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  • 91% of the sources lean Left
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Rocky Mountain Outlook broke the news in on Friday, February 24, 2023.
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