Supply and disposition of refined petroleum products, January 2017

Supply and disposition of refined petroleum
products, January 2017
Released at 8:30 a.m. Eastern time in The Daily, Tuesday, April 18, 2017
Refinery receipts increase
Canadian refineries received 8.7 million cubic metres of crude oil in January, up 4.7% from the same month
in 2016.
Chart 1
Refinery receipts of crude oil and equivalent products
millions of cubic metres
9
8
7
6
5
4
3
2
1
0
Jan.
2015
Receipts of domestic crude oil
2016
Jan.
2017
Imports of crude oil
Source(s): CANSIM table 134-0001.
Domestic crude oil increased 1.4% compared with January 2016 to 5.5 million cubic metres.
Crude oil imports rose 11.0% from January 2016 to 3.2 million cubic metres. Imports accounted for 36.5% of total
crude oil received at refineries in Canada.
Crude oil inventories held at refineries totalled 3.9 million cubic metres in January, up 1.2% compared with the
same month a year earlier.
Crude oil used in refinery production
Total crude oil and equivalent products used in refinery production increased 6.2% from January 2016 to 8.8 million
cubic metres.
The Daily, Tuesday, April 18, 2017
Chart 2
Crude oil used in refinery production
millions of cubic metres
10
9
8
7
6
5
4
3
2
1
0
Jan.
2015
2016
Conventional light crude oil
Conventional heavy crude oil
Synthetic crude oil
Crude bitumen
Jan.
2017
Source(s): CANSIM table 134-0001.
Synthetic crude oil used in refinery production (+27.0%) as well as conventional heavy (+2.1%) and conventional
light (+0.4%) crude oil production were up compared with the same month in 2016. Meanwhile, crude bitumen
production decreased 31.7%.
Refinery production up, sales down slightly
Refinery production rose 5.7% to 10.0 million cubic metres in January.
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Component of Statistics Canada catalogue no. 11-001-X
The Daily, Tuesday, April 18, 2017
Chart 3
Domestic sales of refined petroleum products, by product
millions of cubic metres
10
9
8
7
6
5
4
3
2
1
0
Jan.
2015
Motor gasoline
2016
Jan.
2017
Diesel fuel oil
Other petroleum products
Source(s): CANSIM table 134-0004.
Domestic sales of refined petroleum products decreased 0.8% to 8.5 million cubic metres. Sales of motor gasoline
were down 8.5% while diesel increased 6.0% compared with January 2016.
Imports and exports down
Canada imported 1.0 million cubic metres of refined petroleum products in January, down 22.3% from the same
month in 2016.
Exports of refined petroleum products decreased 1.6% to 2.6 million cubic metres.
Inventories decrease
Closing inventories of refined petroleum products held at refineries declined 6.3% year over year to 7.8 million cubic
metres in January.
Component of Statistics Canada catalogue no. 11-001-X
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The Daily, Tuesday, April 18, 2017
Table 1
Key supply and disposition variables
January
2016
January
2017
January 2016 to January
2017
% change from previous
year
cubic metres
Net production of all products
Net production of motor gasoline
Net production of diesel fuel oil
Imports of all products
Imports of motor gasoline
Imports of diesel fuel oil
Closing inventory of all products
Closing inventory of motor gasoline
Closing inventory of diesel fuel oil
Exports of all products
Exports of motor gasoline
Exports of diesel fuel oil
Domestic sales of all products
Domestic sales of motor gasoline
Domestic sales of diesel fuel oil
9,493,260
3,918,094
2,267,513
1,225,225
398,761
121,544
8,270,545
2,612,152
2,155,763
2,656,199
1,007,378
421,272
8,584,012
3,922,727
2,187,210
10,031,378
3,929,300
2,591,970
951,869
274,054
x
7,752,252
2,651,900
1,904,076
2,614,574
998,234
579,237
8,514,218
3,588,795
2,318,212
5.7
0.3
14.3
-22.3
-31.3
x
-6.3
1.5
-11.7
-1.6
-0.9
37.5
-0.8
-8.5
6.0
x suppressed to meet the confidentiality requirements of the Statistics Act
Source(s): Source(s): CANSIM table 134-0004.
Note to readers
The Monthly Refined Petroleum Products survey collects data on the activities of every Canadian refinery involved in the production of
refined petroleum products (North American Industry Classification System [NAICS] 324000) and of selected major distributors of these
products (NAICS 412000).
Domestic sales include all sales by reporting companies, excluding exports and sales to other reporting companies.
Refinery receipts of crude oil and equivalent hydrocarbons (condensates and pentanes plus) from domestic and foreign sources are for
refinery consumption or storage.
Available in CANSIM: tables 134-0001 to 134-0004.
Definitions, data sources and methods: survey number 2150.
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; [email protected]) or Media
Relations (613-951-4636; [email protected]).
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Component of Statistics Canada catalogue no. 11-001-X