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  1. www.cer-rec.gc.ca › en › data-analysisCER – Market Snapshots

    Jun 19, 2024 · Almost one million barrels per day of western Canadian oil supply was cut by mid-May 2020 because of low global oil prices oil crude oil, production, demand, COIVD-19, Western Canadian Sedimentary Basin, prices

  2. Jun 27, 2024 · Canadas oil output is booming as producers ramp up projects and extraction amid expanded market access and narrowing discounts of the Canadian heavy crude to the U.S. benchmark.

  3. Jun 24, 2024 · Oil prices rose about 1% on Monday, spurred by the prospect of strong summer driving demand and as tensions in the Middle East and drone attacks on Russian refineries led to concerns about...

  4. 5 days ago · Oil prices edged lower on Thursday, retreating from the previous session’s multi-month highs, with investors taking profits as demand caution remained in focus despite last week’s decline in U...

  5. 6 days ago · Oil prices steadied on Wednesday after trading higher as industry data showed a bigger-than-expected draw in U.S. crude stockpiles, with gains capped by economic headwinds from China and the...

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  7. Jun 12, 2024 · Prices rose again in the third quarter of 2023. The average cost of an imported barrel was $109 6 in 2023, relative to $126 in 2022. Prior to its closure in 2020, the refinery in Come by Chance, Newfoundland and Labrador could process up to 130 Mb/d of crude oil.

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