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  1. May 24, 2024 · Updated - May 24, 2024. WCS oil price. Oil prices are measured in US dollars per barrel as reported by Western Canada Select (WCS), the price obtained for many Alberta producers of oil, and West Texas Intermediate (WTI), a world reference price usually quoted in the media. On this page: Alberta API. Alberta Economic Dashboard.

  2. Oilprice.com, in cooperation with its partners, offers over 150 crude oil blends and indexes from all around the world, providing users with oil price charts, comparison tools and smart...

  3. Western Canadian Select (WCS) is the most important oil price index in Western Canada. The price received by Canadian oil producers is often based on WCS. Limited transportation infrastructure causes a large discount in WCS in relation to West Texas Intermediate (WTI).

  4. Oil par prices. The following par prices are used to determine the royalty volume payable to the Crown. Explore pages in:

  5. The price a producer receives for a barrel of oil depends on the type of oil, where it’s produced, and where it is sold. Price fluctuations also occur due to changes in market demand and supply. It is important to consider the following information when discussing the price of crude oil in Alberta.

  6. Base-price case WTI: The forecast average price is US$76.00/bbl in 2024, strengthening to US$77.00/bbl in 2025. The price is expected to increase to US$83.63 in 2033. Low-price case WTI: The forecast is US$46.47/bbl in 2024 and projected to be US$46.45/bbl in 2033.

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  8. (42 US gallons) of oil in a barrel. Prices of WCS (Western Canadian Select) are based on publically available data from the Alberta Energy BVM Components. Alberta Energy provides heavy crude oil pricing information for general information purposes only. Prices of U.S. FOB Maya are based on publicly available data from the U.S. Energy Information

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