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US crude production creeps close to 10 million barrels per day milestone

DEC 13, 2017

ENERGY DATA

ENERGY STATISTICS
RECENT UPDATES
Dec 13 ✤NEW✤ US gasoline balance: prod'n, consumption, imports & exports (weekly EIA data) ➜
Dec 13 ✤NEW✤ US distillate balance: prod'n, consumption, imports & exports (weekly EIA data) ➜
Dec 11 • Sep Cdn crude oil production by type (StatsCan data) ➜
Dec 11 • Sep Cdn crude oil trade balance (StatsCan data) ➜
Dec 5 • Oct Cdn energy trade balance (imports/exports in $CAD) ➜
Nov 30 • Oct AB crude production by type (AER data) ➜

ENERGY MARKET SUMMARY
DECEMBER 8, 2017
Oil prices soften as OPEC trade fades • Heavy oil discount widens to over US$18 • Natgas tumbles on higher inventories and warmer weather • Energy stocks drag markets lower • Cdn midstream stocks post a decent week while US refiners hit fresh all-time highs

OIL PRICES EXPLAINED: Putting a dollar value on a barrel of crude
MARKET INSIGHTS
Crude oil and petroleum products are globally traded commodities, whose prices are largely governed by supply and demand fundamentals. But global currencies, availability of money flow and market sentiment also play an important role.