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1. natural-resources.canada.ca › our-naturalSelected Crude Oil Prices September 2021 (Canadian dollars ...

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   Sep 1, 2021 · Selected Crude Oil Prices September 2021 (Canadian dollars per cubic metre) Note: Prices are not reported on weekends and American statutory holidays.

2. natural-resources.canada.ca › our-naturalSelected Crude Oil Price Daily March 2021 (Canadian dollars ...

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   Mar 1, 2021 · Brent: Brent is the main benchmark price for light sweet crude in international markets and specifies delivery at Sullom Voe terminal, United Kingdom. Western Canadian Select: Western Canada Select (WCS) is the main benchmark price for Canadian heavy crude and specifies delivery at Hardisty, Alberta. Mixed Sweet Blend: Mixed Sweet Blend (MSW ...

3. natural-resources.canada.ca › our-naturalSelected Daily Crude Oil Prices July 2021 (Canadian dollars ...

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   Selected Daily Crude Oil Prices July 2021 (Canadian dollars per cubic metre) Note: Prices are not reported on weekends and American statutory holidays. Report a problem on this page. Date modified: 2021-08-12. Date Exchange Rate.

4. wowa.ca › oil-price-CanadaCanadian Oil Price (Western Canadian Select) | WOWA.ca

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   This page introduces the oil price indices West Texas Intermediate (WTI) and Western Canadian Select (WCS). These are both important oil price benchmarks.

5. www150.statcan.gc.ca › n1 › pubThe oil and gas sector in Canada: A year after the start of ...

   www150.statcan.gc.ca › n1 › pub

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   • Crude oil price. 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) from January 2019 to February 2021.
   • Production and employment. Chart 2 presents monthly production and employment in the oil and gas extraction industry and in all industries as a whole from January 2019 to April 2021.
   • Crude oil and merchandise exports. The global value chain and, therefore, merchandise exports have been greatly affected by the pandemic because of declining demand.
   • Capital expenditures. Capital expenditures in oil and gas extraction are highly related to crude oil price. Lower oil prices will drive down the profit level of oil and gas extraction and ultimately discourage investment in the industry, and this will affect its production capacity in the long term.

6. www150.statcan.gc.ca › n1 › daily-quotidienThe Daily — Canada's natural resource wealth, 2021 ...

   www150.statcan.gc.ca › n1 › daily-quotidien

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   Nov 14, 2022 · Higher crude oil and mineral prices combined to drive up the value of Canada's natural resource assets in 2021. Overall, the dollar value of selected natural resource reserves totalled $1,444 billion in 2021, a 149% increase from 2020.

7. People also ask

   What is the Canadian crude oil price benchmark?

   • The Canadian crude oil price benchmark is the Western Canadian Select (WCS). In 2019 the WCS sold at an average discount of about $15 USD per barrel to the WTI. With the demand returning, oil prices have been on a rise and the WCS has been steadily increasing along with the WTI and the Brent.

   CFS Report - Fuel Price Update - August 2021

   www.njc-cnm.gc.ca/s3/d827/en

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   How did crude oil prices change in Canada?

   • 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. As shown, both oil prices declined sharply from January to April 2020 and then recovered quickly in next two months.

   The oil and gas sector in Canada: A year after the start of the pandemic

   www150.statcan.gc.ca/n1/pub/36-28-0001/2021007/article/00003-eng.htm

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   How did oil prices affect Canada's natural resource assets in 2021?

   • Higher crude oil and mineral prices combined to drive up the value of Canada's natural resource assets in 2021. Overall, the dollar value of selected natural resource reserves totalled $1,444 billion in 2021, a 149% increase from 2020. This increase came following a 30% decline the previous year during the COVID -1 9 pandemic.

   Canada's natural resource wealth, 2021 (preliminary data)

   www150.statcan.gc.ca/n1/daily-quotidien/221114/dq221114d-eng.htm

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   Does Canada export crude oil?

   • Canada’s exports of crude oil have been very strong as well particularly given the increased crude oil price. The Canadian crude oil price benchmark is the Western Canadian Select (WCS). In 2019 the WCS sold at an average discount of about $15 USD per barrel to the WTI.

   CFS Report - Fuel Price Update - August 2021

   www.njc-cnm.gc.ca/s3/d827/en

   See all results for this question

   How important is the price of crude oil?

   • 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.

   The oil and gas sector in Canada: A year after the start of the pandemic

   www150.statcan.gc.ca/n1/pub/36-28-0001/2021007/article/00003-eng.htm

   See all results for this question

   Will Canadian oil and gas investment increase in 2021?

   • However, a report by the Canadian Association of Petroleum Producers (CAPP 2021) predicts a 14% increase in oil and gas investment in the year 2021. Note The mixed signals from the two expectations suggest that the near- and longer-term outlook of investment in Canada’s oil and gas extraction industry remains to be seen.

   The oil and gas sector in Canada: A year after the start of the pandemic

   www150.statcan.gc.ca/n1/pub/36-28-0001/2021007/article/00003-eng.htm

   See all results for this question

8. www.njc-cnm.gc.ca › s3 › d827CFS Report - Fuel Price Update - August 2021

   www.njc-cnm.gc.ca › s3 › d827

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   Canada’s exports of crude oil have been very strong as well particularly given the increased crude oil price. The Canadian crude oil price benchmark is the Western Canadian Select (WCS). In 2019 the WCS sold at an average discount of about $15 USD per barrel to the WTI.