May 7, 2018 Charts
US crude oil exports hit a new record high; Crude oil inventories grew by 6.2 MMB; The US oil rig count hit a new 3 year high
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US crude oil exports hit a new record high; Crude oil inventories grew by 6.2 MMB; The US oil rig count hit a new 3 year high
US oil production hit a record high in Feb; OPEC production is well below its quota; The US rig count rose to a new three year high
E&P stocks have rallied with oil prices; The BOC held interest rates steady last week; WTI hit its highest since December 2014
The Canadian dollar has rallied in recent weeks; WTI hit a multi-year high on Mideast tensions; Heavy oil discount has narrowed substantially; US oil drillers added 7 more rigs last week; Canadian drillers well into spring break up
