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6 Pages

Update: Canadian wildfires disrupt oil production

Update: Canadian wildfires disrupt oil production

Report summary

Wildfires have engulfed Fort McMurray in the heartland of Canada's oil sands leading to Alberta's largest mass evacuation. Although the fires have not directly impacted oil installations, there have been significant production cuts. In this paper, we assess the size and nature of the production cuts and we consider the secondary impact of the fire on the oil markets. 

What's included?

This report includes 1 file(s)

  • Canadian wildfires disrupt oil production PDF - 537.13 KB 6 Pages, 1 Tables, 3 Figures


This Oil Markets Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

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  • 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

In this report there are 4 tables or charts, including:

  • 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
    • Midwest crude oil stocks
    • Midwest gasoline stocks
  • Conclusion
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