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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...
This page introduces the oil price indices West Texas Intermediate (WTI) and Western Canadian Select (WCS). These are both important oil price benchmarks.
Jun 1, 2020 · Selected Crude Oil Price Daily June 2020 (Canadian dollars per cubic metre) Explanatory Note for Crude Oil Prices. All prices are settlement prices, for delivery in the prompt month. Prices are based on daily closing prices posted on NYMEX in US dollars per barrel.
Nov 2, 2020 · 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.
Find statistics on crude oil refinery runs, crude by rail, estimated production and more. We also publish commodity-specific market and resource assessments. The Canada Energy Regulator regulates the export of crude oil and petroleum products from Canada.
May 17, 2024 · 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.
People also ask
What happened to Canadian oil & gas investment in 2020?
How is a barrel price converted to Canadian dollars?
How are barrel prices calculated?
Does Canadian oil and gas investment follow oil prices?
Nov 23, 2022 · By 2020, with annual average WTI Footnote 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.
