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Jan 5, 2022 · U.S. crude oil production is expected to have dropped by 100,000 bpd in 2021 compared to 2020 and by 1.1 million bpd compared to the record output in 2019, according to estimates in the ...
Jun 4, 2024 · U.S. West Texas Intermediate crude futures — the North American benchmark — finished down 97 cents US, at $73.25 US. On Monday, WTI had fallen by 3.6 per cent to settle near a four-month low.
Nov 1, 2021 · Date Exchange Rate WTI. Selected Crude Oil Prices November 2021 (Canadian dollars per cubic metre)
Jan 10, 2022 · Selected Crude Oil Prices October 2021 (Canadian dollars per cubic metre) ... Exchange Rate WTI Cushing Brent Sullom Voe, UK Mixed Sweet Blend Edmonton Synthetic ...
Feb 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.
YearAverageclosing PriceYear OpenYear High2024$78.82$71.65$87.012023$77.64$80.26$93.842022$94.53$76.08$123.702021$68.17$47.62$84.65The current price of WTI crude oil as of June 28, 2024 is $82.64 per barrel. Interactive charts of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel back to 1946. 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 ...
YearAverageclosing PriceYear OpenYear High2024$78.82$71.65$87.012023$77.64$80.26$93.842022$94.53$76.08$123.702021$68.17$47.62$84.65People also ask
What is the average price of crude oil in 2021?
Will crude oil production drop in 2021?
Why are oil prices so low in 2021?
Why did West Texas Intermediate (WTI) oil prices rise in 2021?
Will OPEC increase oil production in 2021?
Why did crude oil prices increase in December?
Jan 4, 2022 · The price of West Texas Intermediate (WTI) crude oil traced a similar pattern to Brent and averaged $3/b less than Brent in 2021. Global petroleum production increased more slowly than demand, driving higher prices. The slower increase in production was mostly attributable to OPEC+ crude oil production cuts that started in late 2020.