Alberta’s oil production fell to the lowest in two years in May as wildfires and maintenance work crimped oil sands output.
Output from Canada’s biggest oil-producing province slid 397,000 barrels a day to 3.61 million barrels a day in May, the lowest since May 2023, provincial data released Thursday show. Flows from the oil sands, the world’s third-largest reserve of crude, dropped 384,000 barrels a day. Output from oil sands mines slid to the lowest in more than four years.