Update: Canadian wildfires disrupt oil production
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Table of contents
- Not all shut-ins will impact the market immediately
- Key factors that could impact near-term production
- Record high US oil stocks could cushion production cuts
- Conclusion
Tables and charts
This report includes the following images and tables:
- Midwest crude oil stocks
- Midwest gasoline stocks
What's included
This report contains:
Other reports you may be interested in
Global oil supply short-term update - May 2025
Weakening demand outlook and OPEC+ easing of production cuts puts pressure on prices
$1,350What does an OPEC+ accelerated return of cuts mean?
We examine the impact of a continuation of the accelerated easing of OPEC+ voluntary cuts from July through October 2025.
$1,350Canadian Oil Sands upstream summary
Canada's oil sands are one of the world's largest single petroleum deposits - estimated to hold between 1.5 and 2.5 trillion ...
$11,340