February 23, 2026–Written by Daniel Graeber for IIR Energy Intelligence (Sugar Land, Texas)–As Canada continues to deliver crude oil across the border, energy producer Cenovus said its production to December reached an all-time high.
Federal U.S. data show Canadian producers delivered about 3.9 million barrels per day (BBL/d) to the U.S. market over the seven-day period ending February 13. Much of the U.S. refining sector is tailored to run the heavier types of crude oil from Canada and other nations, rather than the light, sweet crude oil found in domestic shale basins.
