Loading…
Trump said his administration has a 'concept' for a new trade agreement with Canada, after speaking with Prime Minister Mark Carney. Trump said the deal would include reviving the Keystone XL pipeline, though how that would happen is unclear.
Canada and the US have imposed tariffs on each other in recent months.
A deal could ease tariffs on Canadian canola and other agricultural trade, which would support Canadian oilseed exports and prices. Details remain vague, so the price effect is uncertain.
alarabiya.netمونتريال/دوبوك (أيواNov 2, 2026Not enough comparable past events yet for a historical read.
After 12 past neutral trade events, WTI moved a median -2.2% over 5 sessions (33% higher; middle half -3.6% to +0.9%), and +1.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
