Friday July 6, 2018

Friday July 6, 2018

THIS WEEK IN ENERGY MARKETS:

  • Syncrude's return to normal likely delayed to the fall
  • Kinder Morgan to restart TMEP construction in August
  • BC/Alberta gas prices inch closer to record highs
  • AER reports record volumes of bitumen production
  • NEB reports record crude exports to US by rail
  • EIA reports record imports of Canadian crude
  • Ontario officially scraps carbon cap-and-trade
  • Bernstein warns of "super-spike" in oil prices
  • Iran threatens to choke off 20% of world oil supply ...
    ... and asks President Trump to ease up on Twitter
  • Russia and Saudi Arabia ramp-up output in June.







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


ALBERTA OIL PRODUCTION BY TYPE
million bbl/day • data by AER


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




IN CASE YOU MISSED IT

ALBERTA
CANADA
USA
GLOBAL


UPCOMING EVENTS




Friday July 13, 2018

Friday July 13, 2018

Friday June 29, 2018

Friday June 29, 2018

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