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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).
Mar 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.
Aug 5, 2019 · Canadian producers and Canadian oil prices now appear more positive than they used to be at the start of the year, but the oil patch continues to believe that the long-term solution to...
Jun 4, 2024 · Oil prices continued their slide on Tuesday on skepticism about an OPEC+ decision to boost supply later this year into a global market where demand has already shown signs of weakness.
Crude oil and natural gas price forecast, based on a detailed review of the most current commodity price and energy market information.
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Jan 10, 2022 · Selected Crude Oil Prices October 2021 (Canadian dollars per cubic metre) Note: Prices are not reported on weekends and American statutory holidays.