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Canadian exports to China are on track for record levels, with third-quarter bilateral trade reaching a record $36.78 billion, driven largely by energy shipments. Canadian crude oil exports to China rose 159% to an average of 327,000 barrels per day, while the article also points to strong food exports and a Canada-China trade agreement extended through 2028.
Higher Chinese demand for Canadian crude supports Canadian export flows and may affect crude balances, but the reported trade growth is broad and does not establish a new feed-commodity purchase or supply change. The trade figures imply no clear feed-commodity price direction.
cp24.comGraham RichardsonNov 10, 2026After 36 past bullish trade events, Crude Oil (WTI) moved a median +1.6% over 5 sessions (69% higher; middle half -2.0% to +4.5%), and +0.7% over 20.
After 16 past bullish trade events, Crude Oil (Brent) moved a median +1.9% over 5 sessions (81% higher; middle half +0.5% to +4.8%), and +5.9% 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.
