Supply and disposition of refined petroleum products, December 2017
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Released: 2018-03-14
In December, refinery receipts of crude oil increased compared to the same month in 2016, while refinery production and domestic sales declined.
Refinery receipts up
Canadian refineries received 9.0 million cubic metres of crude oil in December, up 14.9% from the same month a year earlier. December was the second highest level for receipts in 2017, below 9.3 million cubic metres posted in July.
Chart 1
Refinery receipts of crude oil and equivalent products
Imports to Canadian refineries were up 18.9% from December 2016 to 2.9 million cubic metres. Domestic receipts were up 13.1% to 6.1 million cubic metres over the same period.
Crude oil inventories held at refineries totalled 4.0 million cubic metres in December, up 2.2% from the same month in 2016.
Crude oil used in refinery production up
Total crude oil and equivalent products used in refinery production increased 8.4% from December 2016 to 8.8 million cubic metres.
Refinery production and sales decline
Refinery production decreased 0.8% from December 2016 to 9.7 million cubic metres.
Domestic sales of refined petroleum products declined 3.4% to 8.6 million cubic metres.
Chart 2
Domestic sales of refined petroleum products, by product
Imports and exports up
In December, Canadian imports rose 7.0% to 1.4 million cubic metres and exports rose 2.3% to 2.4 million cubic metres compared with the same month one year earlier.
Chart 3
Exports of refined petroleum products
Inventories up
Closing inventories of refined petroleum products held by refineries increased 1.3% to 7.7 million cubic metres in December.
2017 annual review
Crude oil receipts up
Canadian refineries received 101.8 million cubic metres of crude oil in 2017, up 9.5% from the previous year. The majority of this increase came from domestic crude, which increased 12.0% from 2016. Imports were also up 5.2% in 2017. Imports' share of crude oil receipts was 34.9% in 2017, down from 36.3% the previous year.
Chart 4
Refinery receipts of crude oil and equivalent
Refinery production and sales up in 2017
Refinery production increased 6.4% from 2016 to 116.2 million cubic metres in 2017, the highest level since 2010. Production of diesel increased 11.5% to 30.4 million cubic metres and motor gasoline production reached 43.6 million cubic metres, up 2.8%.
Widespread gains contributed to a 2.3% increase in domestic sales of refined petroleum products to 108.0 million cubic metres in 2017. Domestic sales of diesel (7.9%), aviation turbo fuel (8.4%), heavy fuel oil (15.3%), motor gasoline (0.2%) and asphalt (1.6%) were all up compared with 2016.
Imports down and exports up
Canada imported 17.0 million cubic metres of refined petroleum products in 2017, down 11.1% from 2016. Meanwhile, exports of refined petroleum products rose 14.0% to 28.7 million cubic metres.
Chart 5
Key supply and disposition variables
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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