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cb-200-47274023 Open
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Department of Natural Resources Canada

Crude Oil Inventory and Pipeline Flow Monitoring Services

Open Published 5 Nov 2026
Closes 20 Nov 2026 8 days left
Location *Ottawa, Canada

Description

Crude oil storage levels reached a critical inflection point in 2026, shifting from the multi-decade highs observed during the early years of the pandemic to historic multi-decade lows due to severe geopolitical supply shocks. The near-total closure of the Strait of Hormuz in early 2026 removed approximately 15 million barrels per day of global supply, making storage indicators one of the most…

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