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Dec 1, 2021 · Selected Crude Oil Prices December 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?
- Selected Crude Oil Price Daily March 2021 (Canadian dollars ...
Western Canadian Select: Western Canada Select (WCS) is the...
- Selected Crude Oil Prices November 2021 (Canadian dollars per ...
Selected Crude Oil Prices November 2021 (Canadian dollars...
- Selected Crude Oil Price Daily March 2021 (Canadian dollars ...
Mar 1, 2021 · Western Canadian Select: Western Canada Select (WCS) is the main benchmark price for Canadian heavy crude and specifies delivery at Hardisty, Alberta. Mixed Sweet Blend: Mixed Sweet Blend (MSW) is the main Canadian benchmark price for mixed light sweet crude, blended at Edmonton, Alberta.
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?
- Crude oil price. The price of crude oil is the most important factor that drives production and investment in the oil and gas extraction sector. Chart 1 presents movements in two of the most relevant crude oil prices for Canada, the WTI and the Western Canadian Select (WCS) from January 2019 to February 2021.
- Production and employment. Chart 2 presents monthly production and employment in the oil and gas extraction industry and in all industries as a whole from January 2019 to April 2021.
- Crude oil and merchandise exports. The global value chain and, therefore, merchandise exports have been greatly affected by the pandemic because of declining demand.
- Capital expenditures. Capital expenditures in oil and gas extraction are highly related to crude oil price. Lower oil prices will drive down the profit level of oil and gas extraction and ultimately discourage investment in the industry, and this will affect its production capacity in the long term.
This page introduces the oil price indices West Texas Intermediate (WTI) and Western Canadian Select (WCS). These are both important oil price benchmarks.
Jul 28, 2021 · Since 2015, the volume of crude oil exported from Canada has been about 80% of yearly production. 1 From 2015 to 2020, Canada’s crude oil production increased by 16%, or 0.61 million barrels per day (MMb/d), and exports increased by 21% or 0.63 MMb/d.
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Feb 7, 2022 · According to the US Energy Information Administration, consumption of crude oil in Canada rose 2.1% in November. Exports of crude oil and equivalent products dropped 5.0% to 18.6 million cubic metres in November.
