North American Oil Data Deck (August 2026)
Continental petroleum production pulled back in May due to heavy seasonal maintenance rather than a derailing of trend growth, while road fuel demand faltered amidst soaring prices.
This 47-page August 2026 edition of my monthly data-dense, visualization-heavy North American Oil Data Deck is exclusive to paid Commodity Context subscribers (attached PDF below paywall). The deck contains detailed and decomposed accounting for US, Canadian, and Mexican upstream (i.e., production) and downstream (i.e., refining) oil activity as well as end-user demand.
If you’re already subscribed and/or appreciate the free chart and summary, hitting the LIKE button is one of the best ways to support my ongoing research.
North American petroleum liquids production pulled back by -312 kbpd m/m to 31,072 kbpd in May, still up +1,425 kbpd on the year, with monthly declines driven largely by steep seasonal maintenance across Canadian oilsands and US federal Gulf offshore output.
Continental petroleum product demand slumped -730 kbpd m/m to 24,417 kbpd in May (-198 kbpd y/y), driven largely by weakness in the consumption of key road fuels in the US.
[Full PDF Deck and Country-Level Analysis Below Paywall]