August 21, 2017 Charts
The S&P/TSX Composite Index hit a low for 2017; WTI closed the week down at $48.51/B; Crude oil stocks fell for the seventh week in a row.
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The S&P/TSX Composite Index hit a low for 2017; WTI closed the week down at $48.51/B; Crude oil stocks fell for the seventh week in a row.
The CAD is up 6% since the start of 2017; OPEC’s compliance rate fell again in July; Refinery utilization is the highest since August 2005.
The CAD hit a two year high; US oil production grew 59 MB/d in May; Crude oil storage fell below last year’s level
The CAD closed just below $US 0.80 on Fri; The US oil rig count fell for just the 3rd time this year; AECO spot was significantly discounted on Friday