April 10, 2023 Charts
E&P equities boosted by OPEC+ cut; The IMF expects global inflation of 6.5% in 2023; W. Canadian gas exports down; Two US LNG facilities reached FID in March; US LNG exports hit record with Freeport restart;
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E&P equities boosted by OPEC+ cut; The IMF expects global inflation of 6.5% in 2023; W. Canadian gas exports down; Two US LNG facilities reached FID in March; US LNG exports hit record with Freeport restart;
WTI gained almost $5/B after OPEC+ cut news; US crude inventories fell 7.5 MMB; OPEC+ announced a surprise production cut; W. Canada gas storage deficit is shrinking; Canadian gas drilling resilient despite lower price
Canadian YoY inflation dropped to 5.2% in Feb; The WTI-WCS differential has narrowed; AECO basis is trading near zero
E&P equities dropped last week; BCOM down 25% from the 2022 high; WTI down over $7/B week over week
