Supply and disposition of refined petroleum products, February 2018
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Refinery production and domestic sales of refined petroleum products increased in February, while refinery receipts of crude oil declined compared with the same month in 2017.
Less crude oil received by refineries
Canadian refineries received 7.7 million cubic metres of crude oil in February, down 2.0% from the same month a year earlier.
Crude oil imports to refineries were down 16.6% from February 2017 to 2.6 million cubic metres. Meanwhile, domestic crude oil received by refineries rose 7.6% to 5.1 million cubic metres.
Crude oil inventories held at refineries totalled 3.9 million cubic metres in February, down 7.4% from the same month in 2017.
Crude oil used in refinery production up
Total crude oil and equivalent products used in refinery production increased 3.5% from February 2017 to 7.8 million cubic metres.
Refinery production and sales up
Refinery production of refined petroleum products increased 2.4% to 8.9 million cubic metres and domestic sales were up 1.3% to 7.8 million cubic metres from February 2017.
Imports and exports up
In February, refined petroleum product imports rose 0.9% to 1.2 million cubic metres and exports increased 0.5% to 2.2 million cubic metres, compared with the same month a year earlier.
Closing inventories of refined petroleum products held by refineries increased 4.8% from February 2017 to 8.2 million cubic metres.
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.
For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; STATCAN.infostats-infostats.STATCAN@canada.ca) or Media Relations (613-951-4636; STATCAN.mediahotline-ligneinfomedias.STATCAN@canada.ca).