Crude by rail shipments out of Western Canada rose by approximately 9,500 bbls/d between August and September, according to new data from the Canadian Energy Regulator.
Traffic increased from 310,146 bbls/d to 319,554 bbls/d month-over-month. That compares to 269,829 bbls/d in September 2018, and 134,132 bbls/d in September 2017.
A worker strike at Canada’s largest railway this week has already curbed oil shipments, with crude-by-rail volumes largely halted as Canadian National Railway Co. prioritizes shipments of perishable goods such as grain amid a shortage of workers, according to people familiar with the matter.
The strike comes at a difficult time for crude producers, who were set to boost rail shipments of oil after Alberta’s government eased production limits for companies shipping by train. It also coincides with crop harvests, heightening competition for rail space among numerous commodity producers.
— With files from Bloomberg