'There has to be more clarity as to what is not just the perceived impact, but the real impact. And we won't find that out for a period of time,' said Whitecap Resources CEO Grant Fagerheim

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In three trading days on the Toronto Stock Exchange to start this week, Canada’s largest oilsands companies shed a combined $14 billion in stock market value, before notching a partial comeback Thursday — dropping the figure to about $8.3 billion.

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Canadian conventional oil producers and oilsands operators took a pummelling Wednesday in the aftermath of U.S. President Donald Trump writing on social media that Venezuela will turn over up to 50 million barrels of oil to the United States to sell.

It came after U.S. forces captured Venezuelan President Nicolas Maduro on Saturday, and Trump has laid out plans for the country’s oil sector.

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