Source: CER and Kent Group
Description: The combined area and line chart shows the volumes of crude oil exported by rail from Canada and the WCS-WTI differential. In 2016, the volume of crude oil exported by rail averaged less than 90 000 b/d. This increased to over 130 000 b/d in 2017, and over 230 000 b/d in 2018 before decreasing to 215 000 b/d in the first 4 months of 2019. The WCS WTI differential averaged US$13.63/bbl in 2016 and US$12.68 in 2017. The WCS WTI differential increased to an average of $US26.43/bbl in 2018 before decreasing to US$10.30/bbl in the first four months of 2019.