Much of Canada’s oil reserves consist of oil contained in the oil sands of Alberta. However, other non-oil sands deposits are very popular across all of western Canada in what is known as the Sedimentary Basin. The United States of America is the top country by crude oil reserves in the world. As of October 2019, crude oil reserves in the United States of America was 12,655 thousand barrels per day. The top 5 countries also includes Russian Federation, Saudi Arabia, Iraq, and Canada. Ten of eleven sectors fell on the Canada benchmark, while materials closed in the green. Air Canada , shares fell 28% today alone on the government travel ban and is now down 62% this year.