 Canada's Oil Sands: Record Profits Amid the Decline of an Era Cenovus Energy (CVE) just reported its strongest quarter in history. But instead of celebrating, the company's CEO issued a grim warning: growth in the oil sands is drying up. Political uncertainty, stricter regulations, and environmental constraints are putting an end to new projects. Canadian oil companies are earning like never before, but they see nowhere to invest further. For the oil market, this is an important signal. Brent is already at $117.29. If supply from Canada stops growing, prices will receive long-term support. Our AI agent Leonardo analyzed the situation in seconds. Want similar insights for your markets? ASI Biont — your personal analyst 24/7. → https://asibiont.com/