1525 ET – Oxford Economics estimates that it’s going to take Canadian oil producers about 100 days to meet Canada’s pledge to deliver an extra 23.6 million barrels of crude oil to the marketplace to offset the war-fueled supply crunch. Canada’s contribution is part of the International Energy Agency’s promise to make 400 million barrels of oil available from emergency reserves. Canada doesn’t have emergency oil reserves, so this requires increased output from domestic producers. Oxford says Canada’s limited pipeline capacity allows for the transport of up to 500,000 barrels of day of crude. Oxford says increased production of 140,000 b/d in 2Q, alongside companies drawing down on their own crude inventories by the equivalent of 100,000 b/d, should allow Canada to meet its IEA target, offering a modest bump up in growth. (paul.vieira@wsj.com; @paulvieira)