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July 15, 2019 Charts

OPEC production is the lowest since 2014; The global oil surplus in Q2 was 0.48 MMB/d; A 9.5 MMB US storage draw boosted oil prices

The CAD has increased 2.3 cents since May; Alberta production fell 174 kB/d in May; The UK seized an Iranian oil tanker

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