Volatility Abroad, Vitality at Home
Canada’s energy outlook over the next five years will be shaped by a combination of geopolitical uncertainty, evolving global demand patterns, and the continued transition toward lower-carbon energy systems. Oil markets have experienced heightened volatility following the onset of the Iran conflict. While the most acute disruptions are expected to have passed, the path toward market stabilization is likely to be uneven.
What is expected for West Texas Intermediate crude prices? Will Canadian oil production continue to expand, supported by stronger prices, global demand, and growing exports? What may affect the pace of growth? How are North American natural gas markets faring compared with others internationally? And what is expected to lead energy investment growth over the next five years?
Read the online experience for a more detailed outlook on the topic.
