August 19, 2019 Charts
S&P/TSX E&P index lowest since at least 2001; Brent-WTI is its narrowest since July 2018; AECO basis has narrowed in recent months
This author has not written his bio yet.
But we are proud to say that wp_user contributed 318 entries already.
S&P/TSX E&P index lowest since at least 2001; Brent-WTI is its narrowest since July 2018; AECO basis has narrowed in recent months
OECD industry oil stocks rose 32 MMB in June; US gas production hit an all-time high last week; Canadian gas prod in Aug is down 1.3 Bcf/d YoY
The Fed announced a rate cut last Wednesday; WTI oil fell ~$5/B on trade war escalation; US oil production fell by 26 kB/d in May
The Edmonton Light diff narrowed to under $3/B; Cdn crude by rail exports up to 285 kB/d in May; US oil inventories drew by 10.8 MMB last week
