Commodity Context

Commodity Context

Share this post

Commodity Context
Commodity Context
North American Oil Data Deck (May 2025)
Copy link
Facebook
Email
Notes
More

North American Oil Data Deck (May 2025)

Winter storms hammered North American petroleum liquids production in February.

Rory Johnston's avatar
Rory Johnston
May 05, 2025
∙ Paid
8

Share this post

Commodity Context
Commodity Context
North American Oil Data Deck (May 2025)
Copy link
Facebook
Email
Notes
More
1
Share

This 36-page May 2025 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.

Become a paid subscriber today to view the full North American Oil Data Deck report and join me in my hunt for ever-deeper oil & gas market context.

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 total liquids production came to a grinding near-halt in February thanks to the frigid winter storms that wrecked havoc across much of the US and Canadian production base. Growth collapsed to 206 kbpd y/y from the trailing quarterly average of almost 800 kbpd. Both US and Canadian crude production growth fell to around 50 kbpd y/y and Mexico continued its contraction at a pace of roughly 200 kbpd y/y.

  • North American petroleum product demand fell by -744 kbpd m/m to 24,467 kbpd in February (+179 kbpd y/y) as gasoline demand faltered and diesel jumped ahead.

[Full PDF Deck and Country-Level Analysis Below Paywall]

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 Commodity Context Corp.
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More