Commodity Market Report
North America Crude Markets short-term outlook: March 2021
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
All market eyes this month were on the surprise cautious approach taken by OPEC+ in returning production to the market. This notably sent WTI prices briefly above $67/bbl for the first time in nearly five years. Highlights North America Crude Market short term outlook include: • How has the USGC oils complex rebounded from the late February freeze? • Latest views on L48 supply post corporate 4Q earnings season commentary • Adjusting expansion capacity of the Keystone pipeline in 2021 – what are the effects on WCS pricing? • Latest views on impacts of a tighter than expected global market on US inventories
Table of contents
- The Texas freeze
-
US Lower 48: winter storm impact was severe but short-lived
- Impact of severe winter storm
- Operator guidance
- Permian production quickly rebounds
- Gulf Coast bound pipeline flows restored
- Gulf Coast refining capacity lags behind
- Overall winter storm inventory impact neutral to slight positive
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
North America gas supply basin takeaway monitor
Wood Mackenzie's monthly update on pipeline takeaway capacity across key North America regions.
$950
Insight
Global oil cost curves and pre-FID breakevens H1 2025
Deepwater developments are becoming more competitive, driven by new production in Latin America
$6,000
Commodity Market Report
Sending mixed signals: North America power and renewables short term outlook March 2019
The month of March has highlighted many of the resiliency issues the North American power grid is grappling with.
$2,000
