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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% ...
Jan 4, 2022 · 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 late October before declining in the final weeks of the year. Brent’s 2021 annual average of $71/b is the highest in the past three years. The price of West Texas Intermediate (WTI) crude oil traced a similar ...
Mar 17, 2021 · About this report. World oil markets are rebalancing after the Covid 19 crisis spurred an unprecedented collapse in demand in 2020, but they may never return to “normal”. Oil 2021, the IEA’s latest medium-term outlook, explains why. Rapid changes in behaviour from the pandemic and a stronger drive by governments towards a low-carbon ...
May 31, 2024 · Editor’s Picks Current statistics on this topic. ... Basic Statistic Proved oil reserves in Canada 2021, ... crude oil price from April 2022 to April 2024 (in U.S. dollars per barrel)
Description. The Evolving Policies Scenario assumes lower oil prices and higher carbon costs than the Current Policies Scenario. In the Evolving Policies Scenario raw bitumen production from the oil sands peaks in 2032 at 3.9 MMb/d, then declines to 3.5 MMb/d by 2050. Steam-assisted gravity drainage (SAGD) production rises to 2034 then flattens ...
The Consumer Price Index (CPI) rose 3.4% on an annual average basis in 2021, the fastest pace since 1991 (+5.6%). This occurred as a result of multiple factors including global supply chain constraints and pent-up consumer demand amid reopening of the economy. Canadian consumers were confronted with higher prices in 2021, including for everyday ...
This dataset is updated once a month and includes monthly end-user total prices for transport fuels in selected countries, based on the IEA Energy Prices database. The complete IEA Energy Prices database is published once a year including energy prices data in different time granularities for more than 100 non-OECD countries, for gasoline ...
