Analysis – April 2013

Warning View the most recent version.

Archived Content

Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject to the Government of Canada Web Standards and has not been altered or updated since it was archived. Please "contact us" to request a format other than those available.

Domestic sales of refined petroleum products in April 2013 totalled 8.6 million cubic metres, 051 thousand cubic metres (+6.3%) higher than April the previous year.

January to April 2013 domestic sales of petroleum products were up 903 thousand cubic metres (+2.8%) compared to the same four month period in 2012.

Motor gasoline sales totalled 3.6 million cubic metres, 107 thousand cubic metres (2.9%) lower than April 2012. Diesel fuel oil sales totalled 2.3 million cubic metres; 196 thousand cubic metres (+9.6%) above a year earlier.

Refinery production in April 2013 totalled 8.6 million cubic metres, 338 thousand cubic metres (-3.8%) below April 2012.

Canadian refineries received 7.3 million cubic metres of crude oil, 374 thousand cubic metres (-4.9%) below April 2012.

Refinery receipts of domestic crude oils totalled 4.3 million cubic metres, 292 thousand cubic metres (-6.3%) below than a year earlier.

Crude oil imports totalled 3.0 million cubic metres 82 thousand cubic metres (-2.7%) below April 2012. Imports represented 40.6% of total refinery requirements.

OPEC sources led by Saudi Arabia and Iraq accounted for 51.0% of foreign supply. Supply from the North Sea, accounted for an additional 34.4%.

Crude oil and refined petroleum product inventories held by refineries and major distributors closed April 2013 at 11.6 million cubic metres.

Petroleum product inventories totaled 9.5 million cubic metres.

Many major product categories posted a draw in inventories whereas Motor Gasoline increased 8.2% and Diesel increased 12.9% compared to the close of April 2012.