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. 2 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 3 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]). 4 Component of Statistics Canada catalogue no. 11-001-X
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