Commodity Market Report
North America Crude Markets short-term outlook: May 2024
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The beginning of May marked the commercial commencement date for TMX. However, the final stages of line fill remain underway before the system’s first barrel can be delivered. In this report, we use our real-time supply chain monitoring to provide clarity on what to expect as the long-awaited system concludes line fill and commences operations. We also explore our expectations for TMX’s capacity, volumes, potential limitations, and broader impacts going forward. Other topics in this report include: • Our expectations for Permian egress amid Wink-to-Webster maintenance in June • 2024 hurricane season outlook with historical comparisons • How planned and unplanned unit outages are affecting refinery runs in the US Midcon
Table of contents
- TMX update
- Wink-to-Webster pipeline maintenance
- Hurricane season outlook
- US L48 Supply
Tables and charts
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What's included
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