Making sense of the markets this week: May 5, 2024

Michael McCullough is a financial writer and editor in Duncan, B.C.
Oil sands producers await TMX price bumpDiluted bitumen started flowing through the expanded Trans-Mountain Pipeline on Wednesday (even at a brisk walking pace, it’ll take weeks to reach its destination). This is raising hopes that at last Canada’s oil sands producers will be able to narrow the discount paid by a now-larger cohort of refiners for their product. Meanwhile, two of the largest shippers on the pipeline r