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Interactive charts of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel back to 1946. The price of oil shown is adjusted for inflation using the headline CPI and is shown by default on a logarithmic scale. The current month is updated on an hourly basis with today's latest value.
Nov 23, 2022 · By 2020, with annual average WTI 4 prices at US$40 per barrel, Canadian oil and gas investment fell to $24 billion, a level not seen since 2002. Investment in 2020 was down more than two-thirds from 2014’s peak, when WTI prices averaged US$90 per barrel.
May 4, 2022 · The real price of oil reached a seven year high amid the Russia-Ukraine war. How have other major events impacted historical oil prices?
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...
Jul 28, 2021 · The price of crude oil is the most important factor that drives production and investment in the oil and gas extraction sector. Chart 1 presents movements in two of the most relevant crude oil prices for Canada, the WTI and the Western Canadian Select (WCS) Note from January 2019 to February 2021.
This page introduces the oil price indices West Texas Intermediate (WTI) and Western Canadian Select (WCS). These are both important oil price benchmarks.
Mar 23, 2020 · In the two weeks since an oil price war broke out between Russia and Saudi Arabia, crude prices have plunged to their lowest levels in years, hammering Canada's oilpatch all the way down.
