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1. www.oilsandsmagazine.com › market-insightsThe Seasonality Effect on Oil Prices and Canadian Crude ...

   www.oilsandsmagazine.com › market-insights

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   Jul 22, 2018 · Crude oil prices and differentials on Canadian crude are heavily influenced by seasonality. From the summer driving season, to the timing of refinery maintenance, the changing seasons have a direct impact on refinery demand, stockpiles, oil exports and production out of Western Canada.

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2. financialpost.com › pmn › business-pmnOil Stuck in Tightest Trading Range Since 2021 Ahead of US ...

   financialpost.com › pmn › business-pmn

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   1 day ago · Oil held in the narrowest trading range since 2021, ahead of US economic data that may help set the tone for broader markets. Storage tanks at the West Indies Oil Company terminal in St. John's, Saint John Parish, Antigua, Saturday, April 22, 2023. Antiqua is part of a twin-island nation lying between the Caribbean Sea and the Atlantic Ocean ...

3. www.theglobeandmail.com › investing › marketsCrude Under Pressure as Weekly EIA Inventories Unexpectedly ...

   www.theglobeandmail.com › investing › markets

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   Mar 21, 2011 · Today's EIA report showed that (1) US crude oil inventories as of June 21 were -1.5% below the seasonal 5-year average, (2) gasoline inventories were -0.2% below the seasonal 5-year average, and ...

4. energynow.ca › 2021 › 10Oil Declines After Industry Report Shows Rising U.S Inventories

   energynow.ca › 2021 › 10

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   Oct 27, 2021 · The American Petroleum Institute reported crude stockpiles rose 2.32 million barrels last week, while gasoline and distillate supplies also edged up. Crude was lower with most other commodity markets. Although U.S. crude inventories rose, the volume at the storage hub of Cushing fell by about 3.73 million, according to people familiar with the ...

5. oilprice.com › Energy › Energy-GeneralDeclining U.S. Petroleum Inventories Push Oil Prices Higher

   oilprice.com › Energy › Energy-General

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   Jan 25, 2022 · Despite a crude oil inventory build in the latest EIA report, U.S. commercial petroleum stocks have declined in most of the weeks in the past year and a half, falling below seasonal...

6. www.investing.com › eia-crude-oil-inventories-75United States Crude Oil Inventories - Investing.com

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   3 days ago · The Energy Information Administration's (EIA) Crude Oil Inventories measures the weekly change in the number of barrels of commercial crude oil held by US firms. The level of...

7. People also ask

   What are crude oil inventories?

   • The Energy Information Administration's (EIA) Crude Oil Inventories measures the weekly change in the number of barrels of commercial crude oil held by US firms. The level of inventories influences the price of petroleum products, which can have an impact on inflation.

   United States Crude Oil Inventories - Investing.com

   www.investing.com/economic-calendar/eia-crude-oil-inventories-75/

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   How much crude oil is produced in 2021?

   • According to the EIA, "The U.S. Energy Information Administration (EIA) estimates that in 2021, about 2.64 billion barrels (or about 7.23 million barrels per day) of crude oil were produced directly from tight oil resources in the United States. This was equal to about 64% of total U.S. crude oil production in 2021.

   Top 20 Oil Producing Countries in 2022 - Yahoo News

   news.yahoo.com/top-20-oil-producing-countries-165001901.html

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   What was Canadian natural's crude oil production in 2021?

   • Canadian Natural's North America E&P crude oil and NGL production volumes, excluding thermal in situ, averaged 213,337 bbl/d in 2021, comparable to 2020 levels. Primary heavy crude oil production averaged 64,366 bbl/d in 2021, an 8% decrease from 2020 levels.

   Canadian Natural Resources Limited Announces 2021 Fourth

   investingnews.com/canadian-natural-resources-limited-announces-2021-fourth-quarter-and-year-end-results/

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   Will crude oil production increase 16 per cent in 2021-2022?

   • Crude oil production from fields operated by private and Joint Ventures (JVs) will increase 16 per cent to 12.33 MT in 2021-2022 from around 10.63 MT produced last fiscal. This comes at a time the country’s crude oil production fell for the sixth straight year in 2017-18.

   India’s crude oil production to grow by a mere 1 MT through 2022: Oil

   energy.economictimes.indiatimes.com/news/oil-and-gas/indias-crude-oil-production-to-grow-by-a-mere-1-mt-through-2022-oil-ministry/65245669

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   Why do Canadian oil prices fluctuate during maintenance season?

   • This leads to a wider spread between seasonal highs and lows, and greater pricing volatility. Canadian crude differentials were found to be the narrowest during maintenance season in Western Canada, which reduces total supply, resulting in improved pricing power for Canadian oil producers.

   The Seasonality Effect on Oil Prices and Canadian Crude Differentials

   www.oilsandsmagazine.com/market-insights/seasonality-impacts-on-oil-prices-and-canadian-crude-differentials

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   How does seasonality affect crude oil prices & differentials?

   • EXECUTIVE SUMMARY Crude oil prices and differentials on Canadian crude are heavily influenced by seasonality. From the summer driving season, to the timing of refinery maintenance, the changing seasons have a direct impact on refinery demand, stockpiles, oil exports and production out of Western Canada.

   The Seasonality Effect on Oil Prices and Canadian Crude Differentials

   www.oilsandsmagazine.com/market-insights/seasonality-impacts-on-oil-prices-and-canadian-crude-differentials

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8. www.aogr.com › web-exclusives › exclusive-storyU.S. Oil Inventories Resume Trend Of Weekly Declines - AOGR

   www.aogr.com › web-exclusives › exclusive-story

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   U.S. commercial crude oil inventories, excluding the Strategic Petroleum Reserve, were at 492.4 million barrels, which was 13% above the five-year seasonal average (Figure 1). However, it marked the third consecutive week that total inventories were below 500 MMbbl, which had not happened since COVID-19 lockdown measures began to be implemented ...