The Alberta government is easing mandatory limits to the province's oil production imposed at the start of January, crediting an increase in prices. On Wednesday, Premier Rachel Notley said in a news release that the province would increase allowed production in February and March to 3.63 million barrels per day. New curtailment rulesUnder the altered curtailment rules, the first 10,000 barrels each company produces per day remain exempt from any limits. That leaves only 28 of the more than 300 Alberta oil producers affected. Each company's highest level of production during its best single month from November 2017 to October 2018 will be used as the baseline production measurement.

Source: CBC News January 30, 2019 21:26 UTC