The WTI-WCS diff fell below $10/B last week; IEA predicts US liquids will hit 19.6 MMB/d by ‘24; AB Jan prod. down by over 300 kB/d from Nov

US oil production fell modestly in December; AECO has fallen as weather moderates; Japanese LNG prices are the lowest since 2017

AB oil production fell in Jan with curtailments; The US oil rig count fell by 10 last week; US oil inventories drew the most since July 2018

WTI hit a high since November on Friday; Canadian rail exports hit a record in December; Butane continues to price lower than normal