Canadian Crude Oil Forecast and Market Outlook 

CAPP releases its Canadian Crude Oil Forecast and Market Outlook annually in late spring.

Crude Oil Forecast, Markets & Pipelines

June 5, 2012

CAPP annually publishes a long-term outlook for Canadian crude oil production. This year, our forecast has been extended by five years to 2030. Producers want to know what the market opportunities are for any increased supply and whether there will be sufficient infrastructure to provide market access. Hence, this report also provides a demand outlook for western Canadian crude oil that has also been extended out by five years, to 2020. In addition, the report includes a discussion on the existing and developing transportation options that will be required to enable the efficient flow of crude oil from supply regions to end-use markets.

 Data tables for Production and Supply Data and Refinery Data of the report are provided as Excel spreadsheets.

Read more in the CAPP 2012 Forecast Media Release

Canadian Natural Gas Production Forecast

Download forecast
(PDF | 97KB | Apr 13)

Download data
(XLS | 55KB | Apr 13)

Media Release

CALGARY, Alberta (June 5, 2012) – Canadian crude oil production will more than double to 6.2 million barrels per day by 2030 from three million barrels per day in 2011, according to CAPP’s 2012 Crude Oil Forecast, Markets and Pipelines Outlook.

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