September 08, 2026 [Oil Price]- Canada’s Trans Mountain pipeline achieved full capacity in June 2026, moving 890,000 barrels per day (bpd) from Alberta to British Columbia. The operator plans to increase capacity by 90,000 bpd in Q4 2026 and an additional 210,000 bpd by 2028, totaling approximately 1.19 million bpd. Two-thirds of tankers currently head to Asia, with China being the largest customer. The expansion responds to rising Canadian oil production, expected to exceed 5.3 million bpd this year, while geopolitical factors, such as the Iran war, boost demand for Canadian crude that avoids the Strait of Hormuz.

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