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1. natural-resources.canada.ca › our-naturalSelected Daily Crude Oil Prices July 2021 (Canadian dollars ...

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   Selected Daily Crude Oil Prices July 2021 (Canadian dollars per cubic metre) Note: Prices are not reported on weekends and American statutory holidays. Report a problem on this page. Date modified: 2021-08-12. Date Exchange Rate.

   • Selected Crude Oil Prices November 2021 (Canadian dollars per ...

     Selected Crude Oil Prices November 2021 (Canadian dollars...

   • Selected Crude Oil Prices October 2021 (Canadian dollars per ...

     Selected Crude Oil Prices October 2021 (Canadian dollars per...

   • Selected Crude Oil Prices August 2021 (Canadian dollars per ...

     Selected Crude Oil Prices August 2021 (Canadian dollars per...

   • Selected Crude Oil Prices September 2021 (Canadian dollars ...

     Selected Crude Oil Prices September 2021 (Canadian dollars...

2. natural-resources.canada.ca › our-naturalSelected Crude Oil Prices November 2021 (Canadian dollars per ...

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   Nov 1, 2021 · Selected Crude Oil Prices November 2021 (Canadian dollars per cubic metre) Note: Prices are not reported on weekends and American statutory holidays. Did you find what you were looking for?

3. 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.

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

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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.

5. natural-resources.canada.ca › our-naturalSelected Crude Oil Prices October 2021 (Canadian dollars per ...

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   Jan 10, 2022 · Selected Crude Oil Prices October 2021 (Canadian dollars per cubic metre) Note: Prices are not reported on weekends and American statutory holidays.

6. natural-resources.canada.ca › our-naturalSelected Crude Oil Prices August 2021 (Canadian dollars per ...

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   Selected Crude Oil Prices August 2021 (Canadian dollars per cubic metre) Note: Prices are not reported on weekends and American statutory holidays. Report a problem on this page. Share this page. Date modified: 2021-09-24. Date Exchange Rate.

7. People also ask

   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

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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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   How are barrel prices calculated?

   • 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.

   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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   Where is synthetic crude oil delivered?

   • The contract for synthetic crude oil specifies delivery at Edmonton, Alberta. Implied Bitumen Price: The implied bitumen price is derived from the price of Western Canadian Select (WCS), which is assumed to have a blend composition of 30% condensate and 70% bitumen.

   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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   How does oil price affect inflation?

   • Oil is often traded in US dollars, and for historical reasons, its price is quoted per barrel (bbl). Each barrel is 159 litres. The effect of oil prices goes far beyond oil stocks; changes in oil prices are often an important component of the inflation rate. Oil is composed chiefly of hydrocarbons.

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

   wowa.ca/oil-price-Canada

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   Is WCS the cheapest crude oil in the world?

   • WCS is among the cheapest crude oils in the world. On average, WCS traded with a discount of US$17.2 relative to the WTI. In November 2018, WCS discount relative to WTI reached a record of US$46/bbl. This significant discount pushed the Alberta provincial government to impose production limits in the province.

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

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8. natural-resources.canada.ca › our-naturalSelected Crude Oil Prices September 2021 (Canadian dollars ...

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   Sep 1, 2021 · Selected Crude Oil Prices September 2021 (Canadian dollars per cubic metre) Note: Prices are not reported on weekends and American statutory holidays.