2014 Crude Oil Forecast, Markets and Transportation

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

January 2015 Investment, Drilling and Production update

2015 Interim Forecast

June 2014 Crude Oil Forecast, Markets and Transportation

Crude Oil Forecast

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.

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