May 15, 2017 Charts
The WTI-WCS differential remains narrow; Net WTI longs fell to a new nine month low; US crude stocks post biggest draw of the ‘17
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The WTI-WCS differential remains narrow; Net WTI longs fell to a new nine month low; US crude stocks post biggest draw of the ‘17
Net WTI longs fell sharply last week; Refinery utilization rates are unusually high; US oil rigs rose for a 16th straight week
The CAD fell by nearly a cent on the week; The US added 193 MB/d of production in February; The US rig count rose by 9 last week.
WTI fell throughout the week; US crude stocks drew by 1.0 MMB; Gas exports to Mexico fell to a two year low