Refinery receipts increase
Canadian refineries received 7.8 million cubic metres of crude oil in February, up 7.1% from the same month in 2016.
Domestic crude oil receipts decreased 3.9% compared with February 2016 to 5.0 million cubic metres.
Crude oil imports increased 34.9% from February 2016 to 2.8 million cubic metres. Imports represented 35.6% of total crude oil received at refineries in Canada.
Crude oil inventories held at refineries totalled 4.2 million cubic metres in February, up 12.4% compared with the same month the previous year.
Crude oil used in refinery production up
Total crude oil and equivalent products used in refinery production increased 1.4% from February 2016 to 7.5 million cubic metres. The increase was entirely attributable to refineries' greater use of synthetic crude oil, up 9.7% compared to February 2016. The increased use of synthetic crude oil in refinery production was partially offset by the lower use of crude bitumen (-10.6%), conventional light crude oil (-1.0%) and heavy crude oil (-2.7%).
Refinery production and sales down
Refinery production decreased 0.6% to 8.7 million cubic metres in February compared with the same month last year.
Domestic sales of refined petroleum products decreased 4.7% to 7.7 million cubic metres. Sales of motor gasoline were down 2.8%, while sales of diesel fuel oil were up 2.0% compared with February 2016.
Imports down, exports up
Canada imported 0.8 million cubic metres of refined petroleum products in February, down 15.3% from the same month in 2016.
During the same period, exports of refined petroleum products increased 0.6% to 2.2 million cubic metres
Closing inventories of refined petroleum products held at refineries decreased 2.0% year over year to 7.8 million cubic metres in February
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.
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