RECENT DATA UPDATES
Feb 13 • World oil supply/demand curve (IEA/OPEC data) ➜
Feb 13 • OECD oil stockpiles (Q4/18 update from OPEC) ➜
Feb 12 • Nov Cdn crude production by type (StatsCan data) ➜
Feb 12 • Nov Cdn crude oil trade balance (StatsCan data) ➜
WEEKLY PUBLICATIONS
PROJECT DATA
TECHNICAL GUIDES
MARKET INSIGHTS

CRUDE DIFFERENTIALS EXPLAINED
Although oil prices largely rise and fall together, there can be significant differences between the benchmarks. Differentials are a function of crude oil quality, supply and demand fundamentals (marketability) and transportation costs to the refinery.


OIL PRICES EXPLAINED
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.