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Western Canadian Select (WCS) is the most important oil price index in Western Canada. The price received by Canadian oil producers is often based on WCS. Limited transportation infrastructure causes a large discount in WCS in relation to West Texas Intermediate (WTI).
Oil Price Charts. Oilprice.com, in cooperation with its partners, offers over 150 crude oil blends and indexes from all around the world, providing users with oil price charts, comparison...
Oil prices saw further gains this week as tensions in the Middle East escalated, propelling WTI crude to around US$87 a barrel, while the global benchmark, Brent, approached US$91, nearing its highest level since October. Commodities. 7:45.
Get crude oil prices in realtime, including live charts for WTI, crude oil futures prices, historical data, news & analysis.
Nov 23, 2022 · Following a trend of higher prices, Statistics Canada’s latest Annual Capital Expenditures Survey data indicates that Canadian oil and gas investment levels in 2022 are likely to be one-third higher than the 2020 lows.
Highlights of 2023. WTI: The West Texas Intermediate (WTI) price decreased by 18%, averaging US$77.62 per barrel (bbl) in 2023. The decrease was due to rising global inventories and concerns about the slow growth of global oil demand. WCS: The Western Canadian Select (WCS) price decreased by 22%, averaging US$58.97/bbl.
May 17, 2024 · The current spot price for oil is influenced by the futures market price because the futures price represents the market's collective view, at a given point in time, of where prices may be headed. Crude oil prices
