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The cost of wildfires and inflation on Canadian crude production

The cost of wildfires and inflation on Canadian crude production

FromOil Markets


The cost of wildfires and inflation on Canadian crude production

FromOil Markets

ratings:
Length:
13 minutes
Released:
Jun 8, 2023
Format:
Podcast episode

Description

Canada's crude production has been reduced in recent weeks by wildfires in Alberta, tightening price discounts for some Canadian crude grades. While the bulk of output has returned, and longer-term output is expected to rise 500,000 b/d by 2030, high development costs are threatening that outlook, with Equinor announcing a delay of its Bay du Nord project.  S&P Global Commodity Insights' Jeff Mower, director of Americas oil news, discusses these market conditions and their impacts with Americas crude pricing reporter Julia Pecha and Calgary correspondent Ashok Dutta. We want to hear about your podcast preferences so we can keep improving our shows. Take our podcast survey here and share your thoughts: https://www.surveylegend.com/s/4xyz
Released:
Jun 8, 2023
Format:
Podcast episode

Titles in the series (100)

S&P Global Commodity Insights analysis of key oil price movements across the globe.