Friday October 26, 2018

Friday October 26, 2018

 

IN THE NEWS THIS WEEK:

  • WCS and C5+ discounts widen to record highs
  • Alberta calls on Ottawa to boost rail export capacity
  • NY State takes aim at Kearl and Cold Lake
  • Imperial restarts Norman Wells
  • Trudeau gets tough on ON, SK, MB and NB
  • Jacobs gets out of the energy business
  • GM asks Trump for help selling more EVs
  • Mexico imports crude for the first time in a decade
  • Oil markets shift from supply disruptions to oversupply.













US CRUDE OIL PRODUCTION & RIG COUNTS
million bbl/day • data by EIA & Baker Hughes



US IMPORTS OF CANADIAN CRUDE
million bbl/day • data by EIA




WEEKLY CLOSING CRUDE & CONDENSATE PRICES
Friday close (USD/bbl) • data by CME Group


FRIDAY OCT 26, 2018
Another ugly week for energy stocks • Oil prices begin to deteriorate • WCS/C5+ discounts hit record highs • OPEC changes course on output increases




IN CASE YOU MISSED IT

ALBERTA
CANADA
USA
GLOBAL


UPCOMING EVENTS




 
Friday November 2, 2018

Friday November 2, 2018

Friday October 19, 2018

Friday October 19, 2018

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