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1. www150.statcan.gc.ca › t1 › tbl1Monthly average retail prices for gasoline and fuel oil, by ...

   www150.statcan.gc.ca › t1 › tbl1

   May 21, 2024 · Monthly average retail prices for gasoline and fuel oil for Canada, selected provincial cities, Whitehorse and Yellowknife. Prices are presented for the current month and previous four months. Includes fuel type and the price in cents per litre.

2. www.statista.com › topics › 839Global oil and gasoline prices - statistics & facts | Statista

   www.statista.com › topics › 839

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   May 17, 2024 · Since the end of 2022, oil prices have largely fluctuated between 75 and 85 U.S. dollars. Although geopolitical events such as the Red Sea crisis and Israel-Hamas war impacted oil...

3. Videos

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     Breakdown of gas prices | Supply, demand, and market equilibrium | Microeconomics | Khan Academy

     Mar 13, 2012

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     10:00

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     The Cost of Oil and Gas - Petroleum Economics

     Jul 28, 2021

     2.4K Views

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     weforum.org

     Why do oil prices matter to the global economy? An expert explains

     Feb 15, 2022

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4. www.statista.com › canadian-oil-and-gas-industryOil industry in Canada - statistics & facts | Statista

   www.statista.com › canadian-oil-and-gas-industry

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   May 22, 2024 · The oil sands extraction industry ‘s GDP stands at nearly 40 billion Canadian dollars, which is equal to approximately 1.7 percent of Canada’s total economic contributions. Together with ...

5. ca.finance.yahoo.com › news › gas-prices-fall-inGas prices fall in Canada, led by British Columbia and Alberta

   ca.finance.yahoo.com › news › gas-prices-fall-in

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   22 hours ago · The biggest price drops over the past seven days were in Abbotsford, B.C., and Sherbrooke, Que. According to data firm Kalibrate, the average cost per litre of regular fuel in cities nationwide fell 1.2 cents to $1.685 between May 23 and May 30. Canada's Maritimes was the lone region to experience modest gains.

6. www.gasbuddy.com › go › national-average-gas-priceNational Average Gas Price Declines for Third ... - GasBuddy

   www.gasbuddy.com › go › national-average-gas-price

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   May 13, 2024 · For the third consecutive week, the nation’s average price of gasoline has dropped, falling 3.2 cents from a week ago to $3.58 per gallon today, according to GasBuddy® data compiled from more than 12 million individual price reports covering over 150,000 gas stations across the country.

7. www.iea.org › reports › oil-market-report-may-2024Oil Market Report - May 2024 – Analysis - IEA

   www.iea.org › reports › oil-market-report-may-2024

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   May 15, 2024 · Following a 210 kb/d annual contraction in 2023, European gasoil demand declined by another 140 kb/d y-o-y in 1Q24. Combined with weak diesel deliveries in the United States at the start of the year, this was enough to tip OECD oil demand in the first quarter back into contraction.

8. People also ask

   What determines the price of oil around the world?

   • 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.

   Oil Pricing - natural-resources.canada.ca

   natural-resources.canada.ca/our-natural-resources/energy-sources-distribution/fossil-fuels/crude-oil/oil-pricing/18087

   See all results for this question

   Why do gasoline prices vary between countries?

   • Gasoline prices vary greatly between countries, shaped by occurrences of domestic oil production and government subsidies. For example, the United States tends to have lower gasoline prices than European countries, due to large oil production at home.

   Oil and gasoline prices - statistics & facts | Statista

   www.statista.com/topics/839/gas-prices/

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   Where did fuel prices drop in the past 7 days?

   • The biggest price drops over the past seven days were in Abbotsford, B.C., and Sherbrooke, Que. According to data firm Kalibrate, the average cost per litre of regular fuel in cities nationwide fell 1.2 cents to $1.685 between May 23 and May 30. Canada's Maritimes was the lone region to experience modest gains.

   Gas prices fall in Canada, led by British Columbia and Alberta

   ca.finance.yahoo.com/news/gas-prices-fall-in-canada-led-by-british-columbia-and-alberta-122512197.html

   See all results for this question

   How does supply and demand affect crude oil prices?

   • 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 differences between the various types of oil.

   Oil Pricing - natural-resources.canada.ca

   natural-resources.canada.ca/our-natural-resources/energy-sources-distribution/fossil-fuels/crude-oil/oil-pricing/18087

   See all results for this question

9. natural-resources.canada.ca › oil-pricing › 18087Oil Pricing - natural-resources.canada.ca

   natural-resources.canada.ca › oil-pricing › 18087

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   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 ...