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  1. 6 days ago · Monthly average retail prices for gasoline and fuel oil for Canada, selected provincial cities, Whitehorse and Yellowknife. Prices are presented for the current month and previous four months. Includes fuel type and the price in cents per litre.

  2. Jun 11, 2024 · The oil prices were at their highest level since 2015 in 2021 and the Canadian oil and gas industry was able to recover losses incurred during the pandemic. The total gross revenue in 2021 was $174 billion, which was an 85.7% increase from the previous year when the revenue was $93.7 billion.

  3. Jul 28, 2021 · Since 2000, the oil and gas extraction industry has averaged 5% of GDP for Canada, 21% for Alberta, and 25% for Newfoundland and Labrador, making it an important contributor to the Canadian economy. Following the oil price crisis of March and April, 2020, many oil and gas companies in Canada cut back their production and investment plans.

  4. Nov 23, 2022 · By 2020, with annual average WTI 4 prices at US$40 per barrel, Canadian oil and gas investment fell to $24 billion, a level not seen since 2002. Investment in 2020 was down more than two-thirds from 2014’s peak, when WTI prices averaged US$90 per barrel.

  5. May 31, 2024 · Upstream oil and gas industry revenue estimate in Canada 2024, by type. Estimated revenue from oil and gas extraction and production (E&P) in Canada in 2024, by type (in billion...

  6. May 24, 2022 · The primary driver of high gas and diesel prices is the price of crude oil, a barrel of which now costs 75 per cent more than it did in May 2021. If you thought gas prices were high, have you...

  7. Sep 27, 2022 · According to the Raw materials price index, the price of crude oil and bitumen increased by 70.8% from 2020, while the price of natural gas increased by 15.8%. Total production for crude oil rose by 6.2%, while total natural gas production increased by 3.9%.