Insight
North America Crude Markets: 2018 in review
Report summary
The 2018 crude market was a tale of two stories. It was a year in which the North American continent returned to 'boom times' for crude production. After over two years of depressed global crude prices, operators enjoyed strong pricing for most of the year, which resulted in a 'pedal to the metal' mentality and a resulting surge in L48 production. This swell in L48 production catapulted much of the US and Canadian production regions into pipeline constraints, as the midstream sector failed to keep up – resulting in significant sustained regional pricing dislocations. This sets up 2019 as the year midstream catches up and formerly pipeline constrained operators to once again see an 'open highway' in transport capacity.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Global products market weekly: Distillate markets ease despite ongoing global maintenance
Weekly review of global refining margins across NW Europe, the Med, US Gulf Coast, New York Harbour, Singapore and the Middle East Gulf.
$1,050
Commodity Market Report
Global cathode and precursor market strategic planning outlook - Q1 2024
Our latest long-term outlook detailing the global cathode and precursor market
$10,000
Asset Report
True North gold mine
A detailed analysis of the True North gold mine.
$2,250