Yahoo Canada Web Search

Search results

  1. Jan 4, 2022 · Crude oil prices increased in 2021 as increasing COVID-19 vaccination rates, loosening pandemic-related restrictions, and a growing economy resulted in global petroleum demand rising faster than petroleum supply. The spot price of Brent crude oil, a global benchmark, started the year at $50 per barrel (b) and increased to a high of $86/b in ...

  2. Jan 5, 2022 · A faster increase in global oil demand than growth in supply led to oil prices jumping last year, with the average Brent Crude price at $71 per barrel—the highest of the past three...

  3. Oct 6, 2021 · Crude oil prices are up nearly 63 per cent in 2021 while natural gas is 2.5 times higher. On Tuesday, the oil price rally continued after OPEC and its allies opted for a modest...

  4. Sep 25, 2023 · Costlier oil feeds through to higher prices for gasoline and diesel, especially in the U.S., where roughly half the pump price reflects the cost of crude — the rest is marketing, taxes and other costs.

  5. Nov 2, 2021 · Oil prices continue to recover. Crude oil prices increased sharply in 2021Q3 and continued rising in October, driven by increased demand, weather-related supply disruptions, and restrained production by OPEC and its partners (OPEC+).

  6. Sep 28, 2021 · Oil prices climbed above $80 (£59) a barrel on Tuesday, hitting their highest level in three years as the pound slumped. Brent crude, the international benchmark, rose to as much as $80.69 on...

  7. 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 the...

  1. People also search for