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BTE - Alberta to lease 4400 rail cars in bid to ease oil glut
Baytex Energy Corp
Alberta's government says it signed contracts with Canadian National (NYSE:CNI) and Canadian Pacific (NYSE:CP) railroads to lease 4,400 rail cars, in its latest move to clear a glut of oil sands crude that has depressed prices.
More news on: Canadian National Railway Company, Canadian Pacific Railway Limited, Canadian Natural Resources, Ltd., Energy stocks news