Supply and disposition of refined petroleum products, August 2017
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Released: 2017-11-14
Refinery receipts of crude oil were down while production of refined petroleum products and domestic sales of refined petroleum products were up in August compared with the same month in 2016.
Refinery receipts down
Canadian refineries received 8.4 million cubic metres of crude oil in August, down 1.4% from the same month a year earlier.
Chart 1
Refinery receipts of crude oil and equivalent products
Crude oil imports decreased 33.5% from August 2016 to 2.1 million cubic metres. Imports accounted for 25.5% of total crude oil received at refineries in Canada—the lowest share of imports in over 30 years.
As a result of the widespread decline in the crude oil imports, domestic receipts were up 18.0% from August 2016 to 6.3 million cubic metres.
Crude oil inventories held at refineries totalled 3.6 million cubic metres in August, down 7.4% from the same month in 2016.
Refinery production and sales rise
Refinery production increased 3.0% from August 2016 to 10.3 million cubic metres.
Domestic sales of refined petroleum products rose 6.3% to 10.2 million cubic metres. Sales of diesel fuel oil were up 14.4% and motor gasoline increased 3.5% compared with August 2016.
Chart 2
Domestic sales of refined petroleum products, by product
Imports down while exports up
Canadian imports of refined petroleum products totalled 1.5 million cubic metres of refined petroleum products in August, down 4.8% from the same month in 2016. Meanwhile, exports increased 10.9% to 2.4 million cubic metres.
Inventories down
Closing inventories of refined petroleum products held by refineries decreased 3.7% year over year to 7.5 million cubic metres in August.
Note to readers
The Monthly Refined Petroleum Products survey collects data on the activities of every Canadian refinery involved in the production of refined petroleum products (North American Industry Classification System [NAICS] 324000) and of selected major distributors of these products (NAICS 412000).
Domestic sales include all sales by reporting companies, excluding exports and sales to other reporting companies.
Refinery receipts of crude oil and equivalent hydrocarbons (condensates and pentanes plus) from domestic and foreign sources are for refinery consumption or storage.
Data are subject to revisions.
Contact information
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