July 1, 2019 Charts
US oil production broke though 12 MMB/d in Apr; Alberta curtailment to shrink by 25 kB/d in August; OPEC+ agrees to extend output cuts
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US oil production broke though 12 MMB/d in Apr; Alberta curtailment to shrink by 25 kB/d in August; OPEC+ agrees to extend output cuts
WTI up 11% on the week on geopolitical tension; TMX given the green light by Liberal Cabinet; Cdn exports by rail increased by 68 kB/d in April
Cabinet’s decision on TMX expected Tuesday; Kenney: curtailment could continue into 2020; CAPP released its annual oil production outlook
Enbridge’s Line 3 project dealt a setback in court; Speculators are the least bullish since March; US imports from Venezuela fall with sanctions