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Oil Demand, Gas Trading Set to Fall This Year as Canada Banks on Rising Exports

July 13, 2026
Oil Demand, Gas Trading Set to Fall This Year as Canada Banks on Rising Exports

Global oil demand and natural gas trading are both set to decline this year, international analysts say, less than two weeks after Prime Minister Mark Carney pledge do triple Canada’s liquefied natural gas (LNG) exports and Energy Minister Tim Hodgson declared a $43.7-billion oil pipeline a “good investment” for taxpayers.

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