August 27, CHARTS
Construction set to resume on the TMX; Crude by rail hit a record high in June; EPA proposes replacing the Clean Power Plan
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Construction set to resume on the TMX; Crude by rail hit a record high in June; EPA proposes replacing the Clean Power Plan
Shanghai index has lost $1.5 trillion since Jan; Global oil market balanced in H1 2018 – IEA; US refinery utilization rates highest since 1999
Canadian production down by 120 MB/d in June; Saudi continues to supply oil to Canada; US gas production averaged over 80 Bcf/d in July
WCS differential widened to $31/B; US oil production fell by 30 MB/d; There are 2X rigs targeting oil vs gas in WCSB