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1. wowa.ca › oil-price-CanadaCanadian Oil Price (Western Canadian Select) | WOWA.ca

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   This page introduces the oil price indices West Texas Intermediate (WTI) and Western Canadian Select (WCS). These are both important oil price benchmarks.

2. www.cbc.ca › news › canadaOil prices continue slide as OPEC+ boosts supply despite ...

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   Jun 4, 2024 · Extending losses from a four-month low reached on Monday, Brent crude futures settled down 84 cents US, or more than one per cent, at $77.52 US a barrel. The closing price of Brent, the global...

3. www.aer.ca › western-canadian-selectWestern Canadian Select | Alberta Energy Regulator

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   The average annual price of WCS in 2023 was US$58.97 per barrel (bbl), a decrease of 22% from 2022. In the base-case, the WCS price is forecast to rise to US$61.50/bbl in 2024, increasing to US$64.00/bbl in 2025 and reaching US$70.63/bbl by 2033.

4. natural-resources.canada.ca › oil-pricing › 18087Oil Pricing - natural-resources.canada.ca

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   May 17, 2024 · Oil Pricing. How Crude Oil Prices are Determined. The price of oil is set in the global marketplace. Oil is traded globally and can move from one market to another easily by ship, pipeline, or barge. As a result, the supply/demand balance determines the price for crude oil around the world.

5. natural-resources.canada.ca › our-naturalSelected Crude Oil Price Daily March 2021 (Canadian dollars ...

   natural-resources.canada.ca › our-natural

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   Mar 1, 2021 · Prices are based on daily closing prices posted on NYMEX in US dollars per barrel. Prices are converted to Canadian dollars per cubic metre using the Bank of Canada’s daily noon exchange rate and applying a volumetric ratio (6.29:1) to convert the price per barrel to a price per cubic metre.

6. www.cbc.ca › news › businessPrice gap on heavy Canadian oil tops $30 per barrel, widest ...

   www.cbc.ca › news › business

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   Oct 14, 2022 · The oil blend known as West Texas Intermediate (WTI) was going for about $87 a barrel on Thursday. That's down from recent highs, but still far more than the price offered for every barrel...

7. People also ask

   What is the abbreviation for a barrel of crude oil?

   • The abbreviation indicates one barrel of crude oil, but you may see Gbbl (one billion barrels), as well as Mbbl (one million barrels) or Kbbl for one thousand barrels. For example, you can see that Brent crude oil spot prices are quoted by the barrel (bbl), as are West Texas Intermediate (WTI) oil prices on global futures exchanges like NYMEX.

   Today’s Oil Price: Brent Crude & WTI Oil Prices Today

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   How is a barrel price converted to Canadian dollars?

   • Prices are converted to Canadian dollars per cubic metre using the Bank of Canada’s daily noon exchange rate and applying a volumetric ratio (6.29:1) to convert the price per barrel to a price per cubic metre. NYMEX: The New York Mercantile Exchange (NYMEX), the world's largest physical commodity futures exchange.

   Selected Crude Oil Price Daily March 2021 (Canadian dollars per cubic

   natural-resources.canada.ca/our-natural-resources/energy-sources-distribution/fossil-fuels/crude-oil/oil-pricing/selected-crude-oil-price-daily-march-2021-canadian-dollars-cubic-metre/23702

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   What is the real-time price of Brent crude oil?

   • The real-time price of Brent crude oil is at $79.47 per barrel, and the price of WTI crude oil is at $78.42 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in the US or when referring to US crude oil. See the historical price charts and analysis below.

   Today’s Oil Price: Brent Crude & WTI Oil Prices Today

   commodity.com/energy/oil/price/

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   What was the highest crude oil price ever?

   • The highest ever historical WTI crude oil price was at $141.63 per barrel. Compared to today’s spot price that’s down 44.62%. Other significant recent historical highs include $77.74 per barrel in Jul, 2006 and $109.50 per barrel in Aug, 2013.

   Today’s Oil Price: Brent Crude & WTI Oil Prices Today

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   How will crude oil prices change in 2023?

   • Crude-by-rail: The volume of crude oil moved by rail decreased by 2 per cent from 53 million barrels in 2021 to 52 million barrels in 2022. Price differentials and market access: In 2023, the WTI-WCS price differential is projected to average US$18.00/bbl.

   Western Canadian Select | Alberta Energy Regulator

   www.aer.ca/providing-information/data-and-reports/statistical-reports/st98/prices-and-capital-expenditure/crude-oil-prices/western-canadian-select

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   Why is oil price important for Canadian investors?

   • Oil price is significant for Canadian investors. Some investors use Canadian ETFs to speculate on oil prices. For example, HUC-Horizons Crude Oil ETF replicates the crude oil price performance. More importantly, a substantial portion of the S&P/TSX Composite index is composed of Canadian oil stocks.

   Canadian Oil Price (Western Canadian Select) | WOWA.ca

   wowa.ca/oil-price-Canada

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8. commodity.com › energy › oilToday’s Oil Price: Brent Crude & WTI Oil Prices Today

   commodity.com › energy › oil

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   1 day ago · WTI crude had a series of rallies and tumbles to reach a year-high price of $84.06 per barrel in late October 2021. Compared to the 2022 year opening price, WTI crude is up 6.80%. Contents. Brent vs. WTI Crude Oil Prices Compared. What Is The Brent Crude Oil Spot Price? What Drives the Price of Oil? How To Set Up Google Alerts For Oil Price News.