Oil Extends Its Retreat as Hormuz Shipping Recovers — What It Means for Suncor, CNQ, and Enbridge
Table of Contents Market Context What Happened Why It Matters Sector Breakdown Risks to Watch What to Watch Next Final Outlook Market Context Canada’s energy sector is navigating a fundamental transition this week. Oil prices have extended their decline toward pre-conflict levels — WTI closed near US$69.83 at the end of June — as commercial…