Russia-Ukraine war has Wall Street totally confused: Morning Brief

Reuters

Alberta oil can be a solution to U.S. energy supply crunch – minister

Alberta, Canada’s main oil-producing region, can help alleviate the global oil supply crunch caused by energy disruptions, Alberta energy minister, Sonya Savage, said on Sunday. Alberta has some spare pipeline and rail capacity and can move more oil to the United States, Savage said in Houston ahead of the CERAWeek energy conference by S&P Global. “We are the solution, not Venezuela and others,” Savage told Reuters, an apparent reference to U.S. sending a delegation to Caracas last week to discuss an easing of U.S. oil sanctions.