US and Canada Energy Stocks Diverge as Alberta Warns on Oil Tariffs
Canadian oil and gas stocks fell the most this year, even as US producers rallied, after Alberta’s premier warned that the incoming Trump administration is likely to put tariffs on oil and gas imports.
An index of Canadian energy producers fell 1.4%, the most since Dec. 18, while the S&P 500 Integrated Oil and Gas subindex rose 2.2%.