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1. • • A barrel of the North American oil benchmark is changing hands for about $90 US a barrel right now, but the heavy crude that comes from Canada's oilsands is fetching $30 less because of a perfect storm of imbalances between supply and demand. The oil blend known as West Texas Intermediate (WTI) was going for about $87 a barrel on Thursday.
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     Price gap on heavy Canadian oil tops $30 per barrel, widest ...

2. People also ask

   Will Canada's oil prices return to US$100 a barrel?

   • Industry experts say oil prices could return to US$100 a barrel later this year, giving a significant boost to Canada’s energy sector. A surprise production cut of more than a million barrels per day unexpectedly announced by the Organization of Petroleum Exporting Countries and its allies (OPEC plus) on Sunday sent oil futures surging.

   Oil prices could hit US$100 a barrel this year, industry experts say

   globalnews.ca/news/9601257/oil-prices-opec-cut/

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   Why are oil prices so low in Canada?

   • Russian President Vladimir Putin's decision to invade Ukraine has wreaked havoc on oil prices around the world. (Andrey Rudakov/Bloomberg) Oil prices around the world have risen to their highest levels in years, but Canadian oilsands producers are seeing comparatively less for every barrel because of imbalances in supply and demand.

   Oil prices are rising, but Canada is getting comparatively less for

   www.cbc.ca/news/business/oil-prices-canada-1.6479046

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   Is Canadian oil cheaper than US oil?

   • A cup of heavy oil extracted from Canadian oilsands is shown. Canadian oilsands crude always trades at a discount to more prized U.S. blends, but that price gap has widened in recent weeks. (Reuters) But that's no longer the case.

   Oil prices are rising, but Canada is getting comparatively less for

   www.cbc.ca/news/business/oil-prices-canada-1.6479046

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   How much is a barrel of oil worth?

   • (Richard Carson/Reuters) A barrel of the North American oil benchmark is changing hands for about $90 US a barrel right now, but the heavy crude that comes from Canada's oilsands is fetching $30 less because of a perfect storm of imbalances between supply and demand.

   Price gap on heavy Canadian oil tops $30 per barrel, widest spread

   www.cbc.ca/news/business/oil-price-canada-1.6613584

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3. oilprice.comCrude Oil Prices Today | OilPrice.com

   oilprice.com

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   Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice.

   • Oil Prices

     Oilprice.com, in cooperation with its partners, offers over...

   • Oil Futures

     Various factors influence the prices of WTI and Brent oil...

   • Rig Count

     Find U.S. and Canadian rig count and drilling data, and use...

   • Energy

     All types of energy are covered in our energy news section....

   • Breaking News

     Latest world news from the energy sector. Our news analysis...

   • Community

     The Nikaitchuq and Oooguruk oil fields lie offshore Alaska...

4. www.cbc.ca › news › businessOil prices are rising, but Canada is getting comparatively ...

   www.cbc.ca › news › business

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   Jun 8, 2022 · Oil prices around the world have risen to their highest levels in years, but Canadian oilsands producers are seeing comparatively less for every barrel because of imbalances in supply and...

5. www.theglobeandmail.com › business › industry-newsOil prices ease on strong dollar, mixed global economic news

   www.theglobeandmail.com › business › industry-news

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   Jun 21, 2024 · Crude prices eased about 1% on Friday on worries that global oil demand growth could be hit by a strong U.S. dollar and negative economic news from some parts of the world.

6. Videos

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     Oil prices have risen 38% year-to-date — Here's what may be next

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     OPEC and its allies extends output cuts into April| Oil Price Surge | Crude Oil | Latest World News

     Mar 5, 2021

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     World Business Watch: Oil falls more than 1% after OPEC+ agrees to boost supply | OPEC+ | WION News

     Jul 19, 2021

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7. www.cbc.ca › news › businessPrice gap on heavy Canadian oil tops $30 per barrel, widest ...

   www.cbc.ca › news › business

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   Oct 14, 2022 · A barrel of the North American oil benchmark is changing hands for about $90 US a barrel right now, but the heavy crude that comes from Canada's oilsands is fetching $30 less because of a...

8. www.cbc.ca › news › canadaOil prices continue slide as OPEC+ boosts supply despite ...

   www.cbc.ca › news › canada

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   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.

9. globalnews.ca › news › 9601257Oil prices could hit US$100 a barrel this year, industry ...

   globalnews.ca › news › 9601257

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   Apr 4, 2023 · Industry experts say oil prices could return to US$100 a barrel later this year, giving a significant boost to Canada’s energy sector. A surprise production cut of more than a million...

10. wowa.ca › oil-price-CanadaCanadian Oil Price (Western Canadian Select) | WOWA.ca

    wowa.ca › oil-price-Canada

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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).