Canadian Conventional Crude Output To Rise To 2025: CERI
After declining by about 200,000 bbls/d from 2014 to 2016, Canadian conventional crude oil output is expected to continue to increase at a modest pace before reaching approximately 1.4 million bbls/d (without pentanes plus and condensate) by 2025, says the Canadian Energy Research Institute (CERI) in a new report released Tuesday.