Canada’s evolving energy exports: Crude oil, LPG & gas trends

Canada’s energy export dynamics are shifting in 2025. Western Canadian crude oil exports are expanding, creating further optionality for buyers in Asia, while still in hot demand in the US Gulf Coast. At the same time, US-China tariff tensions have positioned Canada as a strategic LPG supplier to Asia, reshaping North American propane trade flows. Meanwhile, Canada's LNG sector is gaining traction, with new infrastructure bringing East Asia within reach — potentially positioning Canada as a key global natural gas player.

Key discussion points:

• TMX vs. US Gulf Coast: Outlook for Canadian crude oil exports

• Western Canadian crude supply forecast

• Impact of US-China tariffs on Canadian LPG trade flows

• Canadian LPG supply trends

• LNG in Canada: Growth potential and market impact in East Asia