August Acceleration - Gulf Coast Re-Exports of Canadian Heavy Crude Oil Hit 13-Month High

Thursday, 09/04/2025 (12:00 pm)Published by: Martin King

Re-exports of Canadian heavy crude oil are estimated to have been 160 Mb/d in August 2025 (rightmost stacked columns in chart below), a gain of 46 Mb/d from July, 48 Mb/d more than a year ago and the highest volume since July 2024 (210 Mb/d) based on tanker tracking data compiled by Bloomberg and

Alberta’s Crude Oil Production Sets New Record in July

Wednesday, 09/03/2025 (8:15 am)Published by: Martin King

Alberta’s crude oil output in July 2025 rose to a record 4.32 MMb/d (height of stacked columns inside dashed rectangle in chart below), a gain of 0.26 MMb/d versus June, 0.31 MMb/d greater than a year ago, and edged out the previous record holder of 4.26 MMb/d set in December 2024.

Canadian LPG Stocks – Propane Stocks Still Tight; Butane Stocks Plentiful

Tuesday, 09/02/2025 (2:45 pm)Published by: Martin King

Western Canada’s propane inventories at the end of July (red line and text in left hand chart below) were posted at 5.4 MMbbl, with a seasonal average build of 1.5 MMbbl versus June and stand 1.4 MMbbl (-21%) below the five-year average (blue line) according to data from the Canada Energy Regulat

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