Insight

What is next for heavy Canadian crude?

Get this report

$500

You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- Available as part of a subscription
- FAQ's about online orders

29 March 2017

What is next for heavy Canadian crude?

Report summary

At a recent industry event in San Antonio, Wood Mackenzie presented our view on what is next for the Canadian heavy oil market. With all the moving parts between production, takeaway capacity and refiner demand, things were looking up for market access and price realizations. But uncertainty is now prevalent from recent pipeline announcements, slower investments and regulatory changes.

Table of contents

    • Change in North America crude oil supply
    • Heavy oil supply growth
    • Heavy Canadian differentials
    • Logistics
    • Disposition of crude
    • Outlook for heavy oil
    • Biggest x-factor: The IMO
      • Displace fuel oil
    • Widening risk for WTI-WCS
  • Takeaways

Tables and charts

This report includes 10 images and tables including:

  • Change in North America crude oil supply from Q1 2017 basis
  • Outlook for heavy oil supply & Change in heavy oil supply
  • History of the WTI-WCS differentials
  • West Canada oil supply-takeaway balance
  • Disposition of crude from the WCSB
  • Outlook for WTI-WCS
  • Outlook for heavy oil supply & Change in heavy oil supply
  • Timeline for enforcement of MARPOL Annex VI SOx emission limits
  • Outlook for WTI-WCS
  • Range of displaced fuel oil in 2020 & Product crack spread profile, 2001-2025

What's included

This report contains:

  • Document

    What is next for heavy Canadian crude.pdf

    PDF 988.63 KB