2014 Crude Oil Forecast, Markets and Transportation 

CAPP releases its Crude Oil Forecast, Markets and Transportation report annually in late spring.

Crude Oil Forecast, Markets & Transportation

June 9, 2014

Canadian oil production is projected to grow steadily by an annual average of four per cent or 175,000 barrels per day over the period to 2030 as companies continue to develop the oil sands in response to strong demand indications from North American and global energy markets.

According to CAPP’s 2014 Crude Oil Forecast, Markets and Transportation, total Canadian crude oil production will increase to 6.4 million barrels per day by 2030 from 3.5 million barrels per day in 2013.

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

Read more in the CAPP 2014 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 9, 2014) –Canadian oil production is projected to grow steadily by an annual average of four per cent or 175,000 barrels per day over the period to 2030 as companies continue to develop the oil sands in response to strong demand indications from North American and global energy markets..