IHS Markit: Canadian oil sands production to be ~1M barrels higher by 2030 but with lower annual growth; boosted by deterioration in Venezuela
Green Car Congress
JUNE 6, 2019
Canadian oil sands production is set to enter a period of slower annual production growth compared to previous years. IHS Markit not only expects the growth profile for oil sands to be different in the coming decade but the drivers of growth will also be fundamentally different.