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The price of oil shown is adjusted for inflation using the headline CPI and is shown by default on a logarithmic scale. The current month is updated on an hourly basis with today's latest value. The current price of WTI crude oil as of June 28, 2024 is $82.64 per barrel. Historical Chart. 10 Year Daily Chart.
- 10 Year Daily Chart
WTI Crude Oil Prices - 10 Year Daily Chart. Interactive...
- Crude Oil vs Gasoline Prices
This interactive chart compares the monthly price...
- Saudi Arabia Crude Oil Production
Interactive chart showing the monthly level of Saudi Arabia...
- Crude Oil Prices Today - Live Chart
Live interactive chart of West Texas Intermediate (WTI or...
- Oil Prices vs Natural Gas
Crude Oil vs Natural Gas - 10 Year Daily Chart This...
- 10 Year Daily Chart
- A Fight Over Market Share
- Both Sides Gird For A Long Fight
- Canadian Operators Feel The Strain
Saudi Arabia, the de facto leader of OPEC, and Russia became locked in a war for global oil market share after their three-year deal to restrain output collapsed in early March. With global oil demand falling because of the coronavirus pandemic, OPEC wanted to deepen supply cuts but Moscow said it would agree only to an extension to the existing pa...
On Friday, the price of West Texas Intermediate (WTI), the North American benchmark, closed at $22.53 US a barrel — capping a remarkable 29-per-cent drop for the week. Brent crude, the global yardstick, fell 20 per cent in the week to close at $26.98 US a barrel. Such low prices will put a strain on Russia and Saudi Arabia. According to Bloomberg N...
Few observers appear to expect a quick resolution to the price war. Rather than wait things out, U.S. officials said Fridaythe Trump administration plans to send a special energy envoy to Saudi Arabia to work with the kingdom on stabilizing the global oil market. Kamel thinks it's going to take more economic pain and revenue loss to get Russia or S...
Nov 23, 2022 · Investments in Canadian oil and gas are rising from their 2020 lows due to higher prices. But other factors are becoming more important for the industry, such as environmental, social, and governance (ESG 1) considerations and net-zero emissions policies.
Jun 8, 2022 · Analysis. Why high oil prices aren't creating an economic boom in Canada. Typically that discount is about $10-$15 US a barrel, but recent events have pushed the gap to beyond $20. That's...
Mar 7, 2024 · In 2024, we estimate that Canadian oil production could advance by 6–10%, roughly equivalent to 300–500k/bpd. The band is fairly wide to incorporate lingering uncertainties, but even on the low end, this would match average annual growth in the booming years between 2010–2015.
Apr 4, 2023 · Canadian oil and gas companies reaped record profits in 2022 as the war in Ukraine and global fears about energy security drove commodity prices sky-high in the spring of last year. But...
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Why are Canadian oil prices so low?
Dec 26, 2020 · An international oil price war combined with a pandemic made 2020 a very difficult year for Canada's oil and gas sector. But the year ahead will offer little respite, with the pace of...
