RECENT DATA UPDATES
Jan 18 • World oil supply/demand curve (IEA/OPEC data) ➜
Jan 18 • OECD oil stockpiles (Q3/18 update from OPEC) ➜
Jan 15 • Oct Cdn crude production by type (StatsCan data) ➜
Jan 15 • Oct Cdn crude oil trade balance (StatsCan data) ➜
Jan 14 • Nov Cdn energy trade balance (imports/exports in $CAD) ➜
PUBLICATIONS
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THE OIL SANDS WEEKLY NEWSLETTER

JAN 18, 2019

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.