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May 21, 2024 · Helima Croft, RBC Capital Markets global head of commodity strategy, joins 'Squawk Box' to discuss what's going on in the oil sector, what signals the oil market has given investors, and much...
- 4 min
- 9.6K
- CNBC Television
Oilprice Videos. @oilpricenewsvideo. •. 5.93K subscribers • 382 videos. Oilprice.com is the most popular energy news site in the world. Our analysis focuses on Oil and Gas, Alternative Energy...
Oil prices jumped more than $1 a barrel on Monday, extending gains as investors eyed possible moves by OPEC+ producers to tweak production. Brent Crude Futures rose 1.5% to $94.45 a barrel....
- 1 min
- 17.6K
- WION
Dec 5, 2022 · Oil prices have risen after a new cap on the price of Russian crude, agreed by the G7 group of major economies, came into force. The cap at $60 a barrel is to "prevent Russia from profiting...
- 4 min
- 197.2K
- BBC News
Mar 3, 2022 · The cost of gas across Canada is rapidly rising, and with Russian oil supplies taken off the market, as well as OPEC nations failing to increase production, ...
- 2 min
- 45.5K
- CBC News: The National
Mar 1, 2021 · 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) is the main Canadian benchmark price for mixed light sweet crude, blended at Edmonton, Alberta.
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Why is oil price important for Canadian investors?
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Is WCS the cheapest crude oil in the world?
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).