Canadian Heavy Crude Well Positioned In 2017

The video discusses the current state of the oil market, focusing on US production trends, the dynamics between heavy and light oil markets, and the role of OPEC in managing production cuts. It highlights the antifragility of US oil production, which is expected to grow despite past declines. The discussion also covers the potential for heavy oil to outperform light oil due to OPEC's cuts and exemptions. Canadian oil producers face challenges due to limited pipeline capacity, but recent developments like the Kinder Morgan pipeline approval could improve market access to key regions like China and India.

What challenges does Canada face in moving its oil production to global markets?

How has OPEC's strategy evolved in response to changes in US oil production?

What are the key demand regions for Canadian oil, and why are they significant?