Advertisement
New Zealand markets open in 7 hours 10 minutes
  • NZX 50

    11,946.43
    +143.15 (+1.21%)
     
  • NZD/USD

    0.5942
    +0.0005 (+0.09%)
     
  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     
  • OIL

    82.33
    -0.48 (-0.58%)
     
  • GOLD

    2,355.50
    +17.10 (+0.73%)
     

Alberta Drillers Near Deals With Railroads, Potentially Easing Oil Logjam

Alberta Drillers Near Deals With Railroads, Potentially Easing Oil Logjam

Alberta’s beleaguered oil industry may get some relief from its persistent shipping bottlenecks in the second half of the year as producers strike deals with rail companies to move more crude.