Search results
- Crude oil price. The price of crude oil is the most important factor that drives production and investment in the oil and gas extraction sector. Chart 1 presents movements in two of the most relevant crude oil prices for Canada, the WTI and the Western Canadian Select (WCS) from January 2019 to February 2021.
- Production and employment. Chart 2 presents monthly production and employment in the oil and gas extraction industry and in all industries as a whole from January 2019 to April 2021.
- Crude oil and merchandise exports. The global value chain and, therefore, merchandise exports have been greatly affected by the pandemic because of declining demand.
- Capital expenditures. Capital expenditures in oil and gas extraction are highly related to crude oil price. Lower oil prices will drive down the profit level of oil and gas extraction and ultimately discourage investment in the industry, and this will affect its production capacity in the long term.
- Crude Oil Production Continues to Rise
- Production of and Demand For Finished Petroleum Products
- Natural Gas Production Up on Increased Demand
- Electricity Generation Down
- Coal Production and Exports Decrease Year Over Year
- Contact Information
Production of crude oil and equivalent products totalled 23.7 million cubic metres in November. Although down from the previous month, which saw the highest production levels since December 2019 (before the COVID-19 pandemic), production was still strong relative to November 2020 (+3.8%). The overall gain was driven by higher oil sands extraction, ...
Production of finished petroleum products rose 5.7% in November, as maintenance at refineries that reduced capacity utilization over the previous few months wrapped up. Higher production of motor gasoline (+10.0%) and jet fuel (+39.3%) were the main contributors to increased production, while distillate fuel oil (-2.9%) and renewable fuel (-2.4%) p...
Production of marketable natural gas continued to rise, up 8.0% to 613.1 million gigajoules in November, the fifth consecutive monthly year-over-year increase. The production of natural gas was concentrated in Alberta (66.7%) and British Columbia (32.0%). Total deliveries of natural gas to Canadian consumers rose 3.0% year over year to 404.4 millio...
Electricity generation continued to decrease in November, down 3.0% year over year to 51.7 million megawatt-hours (MWh). Hydroelectricity generation (-3.9%) was the main contributor to the overall decline, as water levels in Manitoba remained low and continued to impact production. Generation of electricity from nuclear energy was down 10.2% becaus...
Coal production dropped 28.1% to 2.8 million tonnes in November, while exports fell 31.0% to 1.6 million tonnes. Similarly, coke production declined 31.2% to 124 100 tonnes.
For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; infostats@statcan.gc.ca) or Media Relations (statcan.mediahotline-ligneinfomedias.statcan@statcan.gc.ca).
Dec 31, 2019 · Canada Oil Production is at a current level of 5.653M, up from 5.575M one year ago. This is a change of 1.40% from one year ago.
DateValueDecember 31, 20235.653MDecember 31, 20225.575MDecember 31, 20215.414MDecember 31, 20205.130M- Energy
- Energy Institute
- Canada
Sep 27, 2024 · The data sources and calculations used are described in the Excel file on the first worksheet. Forecasted values are no longer available in this publication. For the latest projections of crude oil and natural gas production in Canada please visit the Canada’s Energy Future main page.
Jun 1, 2018 · Canada Crude Oil: Production data is updated yearly, averaging 1,263.190 Barrel/Day th from Dec 1960 to 2023, with 64 observations. The data reached an all-time high of 1,742.330 Barrel/Day th in 1973 and a record low of 563.836 Barrel/Day th in 1960.
Dec 31, 2019 · Canada Crude Oil Production is at a current level of 4.594M, up from 4.543M one year ago. This is a change of 1.12% from one year ago.
People also ask
What was Canada's crude oil production in 2023?
Will crude oil production and exports fall again in February 2021?
How did crude oil prices change in Canada?
Why did oil production rise in November 2020?
What happened to crude oil in Canada in November?
How important is the price of crude oil?
Find statistics on crude oil refinery runs, crude by rail, estimated production and more. We also publish commodity-specific market and resource assessments. The Canada Energy Regulator regulates the export of crude oil and petroleum products from Canada.
