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1. www.cer-rec.gc.ca › en › data-analysisCER – Canada's Energy Future 2021 - Results

   www.cer-rec.gc.ca › en › data-analysis

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   View our data on crude oil production by region, type, and scenario in our interactive visualization tool, Exploring Canada’s Energy Future. Explore a summary of oil production in our EF2021 Fact Sheets: Oil Sands Production and Conventional, Tight, and Shale Oil Production.

2. economics.td.com › ca-crudeoil-pricesTD Economics - They Get Low and They Get High: Crude Oil ...

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   Jul 14, 2022 · Total crude oil demand surpassed total crude oil supply from May 2021 until February 2022. From February 2022 until May 2022, total supply has surpassed total demand. Chart 3 shows the million barrels per day change in crude oil supply for both OPEC and Non-OPEC countries from January 2022 to June 2022.

3. www.cer-rec.gc.ca › en › data-analysisCER – Canada's Energy Future 2021 - Scenarios and Assumptions

   www.cer-rec.gc.ca › en › data-analysis

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   Higher crude oil and natural gas prices in the near term, but lower prices in the longer term. Prices have trended higher than those in EF2020 in the near term, through the combined effect of pandemic recovery, vaccine rollout, and global crude oil production cuts.

4. www.cbc.ca › news › businessAfter a turbulent year, Canada's energy industry braces for ...

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   Dec 26, 2020 · The Canadian oil and gas sector is unlikely to see another merger of such size in 2021, but analysts believe consolidation will continue in the months ahead. After the merger between Cenovus and...

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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 · Brent: Brent is the main benchmark price for light sweet crude in international markets and specifies delivery at Sullom Voe terminal, United Kingdom. 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 ...

6. www.aer.ca › crude-oil-pricesCrude Oil Prices | Alberta Energy Regulator

   www.aer.ca › crude-oil-prices

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   The forecast for 2024 assumes that crude oil prices will be influenced by a slowdown of global economic activity due to elevated interest rates, the ability of the Organization of the Petroleum Exporting Countries and its allied non-member countries (collectively referred to as OPEC+) commitment to restrict supply, growing U.S. and non-OPEC+ pro...

7. People also ask

   What is Canadian crude oil production compared to current Policies Scenario?

   • Figure R.8 shows Canadian crude oil production by type in the Evolving Policies Scenario, compared to total Current Policies Scenario production. Canadian crude oil production in the Evolving Policies Scenario peaks at 5.8 MMb/d (930 10³m³/d) in 2032 and declines to 4.8 MMb/d (756 10³m³/d) in 2050, a decrease of 4% from 2021.

   CER – Canada's Energy Future 2021 - Results

   www.cer-rec.gc.ca/en/data-analysis/canada-energy-future/2021/results.html

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   Will Canadian oil and gas merge in 2021?

   • The Canadian oil and gas sector is unlikely to see another merger of such size in 2021, but analysts believe consolidation will continue in the months ahead. After the merger between Cenovus and Husky, the combined company will be worth more than $23 billion. More consolidation is expected in 2021, especially among smaller players.

   After a turbulent year, Canada's energy industry braces for more

   www.cbc.ca/news/business/seskus-oil-gas-energy-outlook-1.5846079

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   Will demand for crude oil catch up to supply by 2025?

   • Demand for crude oil is expected to catch up to supply by 2025 as the market balances. WTI: Base-price case WTI: The projected average price is US$77.00/bbl in 2023, strengthening to US$79.00/bbl in 2024. The price is expected to increase to US$85.77 by 2032.

   Crude Oil Prices | Alberta Energy Regulator

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

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   How does OPEC crude oil supply change in 2022?

   • Chart 3 shows the million barrels per day change in crude oil supply for both OPEC and Non-OPEC countries from January 2022 to June 2022. OPEC crude oil supply is shown to be slowing and even shows a decrease in supply in June. Non-OPEC crude supply fell sharply in April but is starting to increase production in May and June.

   They Get Low and They Get High: Crude Oil Prices Stayin' Alive - TD

   economics.td.com/ca-crudeoil-prices

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   When did crude oil supply surpass total demand?

   • Total crude oil demand surpassed total crude oil supply from May 2021 until February 2022. From February 2022 until May 2022, total supply has surpassed total demand. Chart 3 shows the million barrels per day change in crude oil supply for both OPEC and Non-OPEC countries from January 2022 to June 2022.

   They Get Low and They Get High: Crude Oil Prices Stayin' Alive - TD

   economics.td.com/ca-crudeoil-prices

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   How will falling crude oil demand affect Canadian hydrocarbon production?

   • If these ambitions are realized, falling crude oil demand could have significant impacts on market prices and investment that would affect future Canadian hydrocarbon production (see box “Global fossil fuel market dynamics and implications for Canadian production trends”).

   CER – Canada's Energy Future 2021 - Results

   www.cer-rec.gc.ca/en/data-analysis/canada-energy-future/2021/results.html

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

   natural-resources.canada.ca › our-natural

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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.