Arc Energy Charts

The CAD is up 6% since the start of 2017; OPEC's compliance rate fell again in July; Refinery utilization is the highest since August 2005.

The CAD hit a two year high; US oil production grew 59 MB/d in May; Crude oil storage fell below last year’s level

The CAD closed just below $US 0.80 on Fri; The US oil rig count fell for just the 3rd time this year; AECO spot was significantly discounted on Friday

The BOC raised its benchmark interest rate; The IEA updated their supply-demand balance; Crude oil inventories drew by 7.6 MMB last week