Commodity Market Report

North America Crude Market short-term outlook: Western Canada dealt another blow

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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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What's included

This report contains:

  • Document

    North America Crude Market March 2019 outlook slidepack.pdf

    PDF 1.82 MB

  • Document

    North America Crude Market March 2019 data.xlsx

    XLSX 794.38 KB