Global crude market was short 1.3MMB/d in Q3; AECO basis hit an 18-month low; WCSB gas exports dropped last week
Arc Energy Charts
A weekly publication of charts illustrating oil and gas fundamentals
October 7, 2019 Charts
AB oil production up by 28 kB/d in August; Saudi production restored to pre-outage level; US oil drilling is down 20% from the end of 2018; Gas prices have improved since NGTL changes; W. Canada storage 13-yr low for this time of year
September 30, 2019 Charts
E&P equities almost at pre Saudi outage levels; WTI given up almost all of its Saudi outage gains; July crude by rail shipments up to 313 kB/d
September 23, 2019 Charts
E&P equities fell after the surge on early last week; Oil prices still up modestly due to Saudi outage; Saudi Arabia working to bring back production
