2010-2025 Canadian Crude Oil Forecast and Market Outlook 

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

Oil Sands Fuel Canadian Crude Oil Production Growth

CALGARY, Alberta (June 9, 2010) – The Canadian Association of Petroleum Producers (CAPP) continues to forecast significant growth in Canadian crude oil production over the next 15 years, driven largely by oil sands.

“CAPP’s 2010 Crude Oil Forecast reaffirms the trend of continued long term production growth in Canada,” said Greg Stringham, vice-president of markets and oil sands at CAPP. “While the economic downturn in 2009 saw many projects deferred, a stabilizing investment climate, more robust commodity prices and market demand for Canadian crude have provided the foundation for several projects to return to active development.”

 

Read more in the CAPP 2010 Forecast Media Release

 

2010 Forecast Downloads

Download Report
(PDF | 2.0MB | Jun 10)

Download Appendix A
(XLS | 106KB | Jun 10)

Download Refinery Data
(xls | 125KB | Jun 10)

 

Natural Gas Forecast

CAPP 2010 Natural Gas Forecast

Media Release

CALGARY, Alberta (June 9, 2010) – The Canadian Association of Petroleum Producers (CAPP) continues to forecast significant growth in Canadian crude oil production over the next 15 years, driven largely by oil sands.

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