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January 17, 2022 Charts

Canadian E&P equities already up 20% YTD; Canadian oil at its highest price since 2014; Alberta oil production hit a new record in Nov

E&P equities rose last week; US oil stocks end 2021 below the 5 year average; AB gas demand strong with cold weather

OPEC+ agrees to increase supply 400,000 B/d; European gas prices remain elevated; US LNG exports to Europe increase

WTI-WCS differential narrowed last week; OECD oil stocks lowest since December 2014; European gas prices surge to new record highs