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August 21, 2023 Charts

AB oil production lower on some missing data; US weekly crude production up to 12.7 MMB/d; Saudi production down in July due to cut

S&P/TSX E&P index up over 3% in August; US oil futures up across the curve in the last month; US weekly crude production up to 12.6 MMB/d

S&P/TSX E&P index up 10% over July; Inflation moderates, expectations remain high; W. Canada gas demand high for this time of year

US crude inventories build on the week; EIA expects US shale production to fail in August; Alberta gas demand strong for this time of year