Supply and disposition of refined petroleum products, November 2017
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Released: 2018-02-14
Refinery receipts of crude oil, production of refined petroleum products and domestic sales of refined petroleum products were up in November compared with the same month in 2016.
Refinery receipts up
Canadian refineries received 8.3 million cubic metres of crude oil in November, up 5.8% from the same month a year earlier.
Chart 1
Refinery receipts of crude oil and equivalent products
Imports to Canadian refineries were down 6.8% from November 2016 to 2.6 million cubic metres in November. Domestic receipts were up 12.6% to 5.7 million cubic metres over the same period.
Crude oil inventories held at refineries totalled 3.8 million cubic metres in November, down 9.3% from the same month in 2016.
Refinery production and sales rise
Refinery production increased 3.9% from November 2016 to 9.2 million cubic metres in November.
Domestic sales of refined petroleum products rose 4.2% to 9.0 million cubic metres. The main contributors to the increase in domestic sales were diesel fuel oil (+14.8%) and motor gasoline (+3.2%).
Chart 2
Domestic sales of refined petroleum products, by product
Imports down while exports up
In November, Canadian imports of refined petroleum declined 6.9% compared with the same month one year earlier, to 1.4 million cubic metres. This marked the seventh successive monthly year-over-year drop.
Meanwhile, Canadian exports, which tend to be volatile, were up 35.8% to 2.5 million cubic metres compared with November 2016. This was the eighth consecutive month of year-over-year increases.
Chart 3
Exports of refined petroleum products
Inventories down
Closing inventories of refined petroleum products held by refineries decreased 7.0% year over year, to 7.2 million cubic metres in November.
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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