Arc Energy Charts

WTI broke back through $50/B on Wednesday; Canadian oil differentials are at multi-year lows; US rig rates are stable despite falling prices

WTI-WCS differential has contracted materially; Crude by rail exports hit a record high in October; OPEC production dropped 0.5 MMB/d in Dec

Cdn Junior E&Ps are down 47% in 2018; The Loonie is at its lowest since June 2017; AB Natural Gas Advisory Panel report released

WTI has stabilized at just over $50/B; Canadian oil diffs have narrowed significantly; OPEC plus agreed to cut by 1.2 MMB/d