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Oil Price: Get all information on the Price of Oil including News, Charts and Realtime Quotes. ... Price; 1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 617.35 USD 1 Barrel = 42 ...
Feb 1, 2021 · The contract for synthetic crude oil specifies delivery at Edmonton, Alberta. Implied Bitumen Price: The implied bitumen price is derived from the price of Western Canadian Select (WCS), which is assumed to have a blend composition of 30% condensate and 70% bitumen. The value of the condensate is subtracted from the WCS price to arrive at the ...
WCS is among the cheapest crude oils in the world. On average, WCS traded with a discount of US$17.2 relative to the WTI. In November 2018, WCS discount relative to WTI reached a record of US$46/bbl. This significant discount pushed the Alberta provincial government to impose production limits in the province.
This page is about the different units of Gasoline (aka Petrol), Diesel, LPG, Gass, Kerosene, Heating Oil, Electricity, Crude oil, etc. The above informations are provide subject to our policies, disclaimer, terms and conditions. Note: The crude oil is based on spot market The crude oil was last updated on 01-Jul-2024 03:48:01 (GMT Time), other ...
May 17, 2024 · The price of oil is set in the global marketplace. Oil is traded globally and can move from one market to another easily by ship, pipeline, or barge. As a result, the supply/demand balance determines the price for crude oil around the world. Prices vary globally to reflect the cost of transporting crude oil to that market and the quality ...
Mar 1, 2021 · Synthetic Crude Oil (SCO): Synthetic crude oil is a light crude oil that is produced by upgrading bitumen. The contract for synthetic crude oil specifies delivery at Edmonton, Alberta. Implied Bitumen Price: The implied bitumen price is derived from the price of Western Canadian Select (WCS), which is assumed to have a blend composition of 30% ...
Crude oil prices moved higher today after the U.S. Energy Information Administration reported an inventory decline of 12.2 million barrels for the week to June 28. The inventory... The weekly EIA oil inventory data shows :Crude stocks down 12.157 million barrels to 448.54 million, vs forecast of 0.7 million barrel drawGasoline stocks down 2.214 ...
