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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).
Jun 1, 2020 · Selected Crude Oil Price Daily June 2020 (Canadian dollars per cubic metre) Explanatory Note for Crude Oil Prices. All prices are settlement prices, for delivery in the prompt month. Prices are based on daily closing prices posted on NYMEX in US dollars per barrel.
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...
Oil Price Charts. Oilprice.com, in cooperation with its partners, offers over 150 crude oil blends and indexes from all around the world, providing users with oil price charts, comparison...
Global oil supply is forecast to close the year at about 93 MMbbl/d 1, an 8 percent decrease from Q4 2019 levels. The decreased production levels are due to curtailments from producers, with major reductions in volumes from OPEC+ members, the United States, and Canada. The US Energy Information administration (EIA)’s short-term
Oil prices saw further gains this week as tensions in the Middle East escalated, propelling WTI crude to around US$87 a barrel, while the global benchmark, Brent, approached US$91, nearing its highest level since October. Commodities. 7:45.
Price forecast | Forecast commentary. Over the past few years, Canada’s oil and gas industry experienced slower growth than the US industry due to transportation bottlenecks, which resulted in less debt and leaner operating metrics. Leaner times for Canada . Canadian oil producers will be affected substantially by this turn of events, with
