China’s Appetite for Canadian Oil Heads for All-Time High

An oil sands mining operation and facility in Alberta, Canada.Photographer: Ed Jones/AFP/Getty Images

Canadian oil exports to China are on pace for a record month amid a surge of purchases as the Asian giant pivots away from US crude.

Almost 5 million barrels have been shipped out of Vancouver so far in October, a record for the first 15 days of any month, according to Vortexa ship tracking data.