Commodity Market Report
North America Crude Market short-term outlook: Western Canada dealt another blow
Report summary
Western Canada was rocked in early March by yet another setback for new pipeline takeaway capacity – this time a delay to Enbridge Line 3 Replacement (L3R), seemingly the most secure of the projects – or so it appeared. What effects will nearly a year delay to the new pipeline capacity have for both Western Canadian producers and the broader North American market? In this report we also explore: -Additional updates on other Canadian pipes -A sneak preview of the latest incarnation of the Enbridge offshore terminal project -Growing 'WTI Light' stream in the Permian basin -Pricing forecast updates based on latest infrastructure developments
Table of contents
- Enbridge L3R ripple effects
- Sneak peak at ‘SPOT’
- Dakota access expansion
- Lighten Up
- US Lower 48: marginal upward revisions as operators put emphasis on completion in H2 2019
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