Canadian Crude Oil Supply Demand Balances

Canadian Crude Oil Supply Demand Balances

Author: James N. Tanner

Publisher: Calgary : Canadian Energy Research Institute

Published: 1989

Total Pages: 348

ISBN-13:

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This study examines the existing situation relating to crude oil supply and refined petroleum product demand in Canada and, based on reasonable assumptions regarding future energy prices and economic development, provides an analysis of likely future paths of crude oil supply-demand balances. An assessment is conducted of conventional, nonconventional and frontier sources of crude oil supply, along with an evaluation of the oil megaproject agreements announced in 1988. The supply projections are set against a forecast of Canadian refined petroleum product demand and the resulting light and heavy oil balances are examined.


Global Implications of Lower Oil Prices

Global Implications of Lower Oil Prices

Author: Mr.Aasim M. Husain

Publisher: International Monetary Fund

Published: 2015-07-14

Total Pages: 41

ISBN-13: 151357227X

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The sharp drop in oil prices is one of the most important global economic developments over the past year. The SDN finds that (i) supply factors have played a somewhat larger role than demand factors in driving the oil price drop, (ii) a substantial part of the price decline is expected to persist into the medium term, although there is large uncertainty, (iii) lower oil prices will support global growth, (iv) the sharp oil price drop could still trigger financial strains, and (v) policy responses should depend on the terms-of-trade impact, fiscal and external vulnerabilities, and domestic cyclical position.