OPEC production is the lowest since 2014; The global oil surplus in Q2 was 0.48 MMB/d; A 9.5 MMB US storage draw boosted oil prices
Arc Energy Charts
A weekly publication of charts illustrating oil and gas fundamentals
July 8, 2019 Charts
The CAD has increased 2.3 cents since May; Alberta production fell 174 kB/d in May; The UK seized an Iranian oil tanker
July 1, 2019 Charts
US oil production broke though 12 MMB/d in Apr; Alberta curtailment to shrink by 25 kB/d in August; OPEC+ agrees to extend output cuts
June 24, 2019 Charts
WTI up 11% on the week on geopolitical tension; TMX given the green light by Liberal Cabinet; Cdn exports by rail increased by 68 kB/d in April
