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2. • • 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.
     www.bnnbloomberg.ca/oil

     Oil - BNN Bloomberg

3. People also ask

   Why are Canadian oil prices going up?

   • That means demand is waning, which is a general sign the economy is slowing — which means oil prices will face an uphill climb even under ideal circumstances. "The good news here is that this doesn't appear to be related to insufficient pipeline capacity for Canadian oil.

   Price gap on heavy Canadian oil tops $30 per barrel, widest spread

   www.cbc.ca/news/business/oil-price-canada-1.6613584

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   Why is oil price important for Canadian investors?

   • Oil price is significant for Canadian investors. Some investors use Canadian ETFs to speculate on oil prices. For example, HUC-Horizons Crude Oil ETF replicates the crude oil price performance. More importantly, a substantial portion of the S&P/TSX Composite index is composed of Canadian oil stocks.

   Canadian Oil Price (Western Canadian Select) | WOWA.ca

   wowa.ca/oil-price-Canada

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   Is Canadian oil cheaper than US oil?

   • A cup of heavy oil extracted from Canadian oilsands is shown. Canadian oilsands crude always trades at a discount to more prized U.S. blends, but that price gap has widened in recent weeks. (Reuters) But that's no longer the case.

   Oil prices are rising, but Canada is getting comparatively less for

   www.cbc.ca/news/business/oil-prices-canada-1.6479046

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   Does crude oil continue to trade in a narrowing range?

   • Crude oil continues to trade within a narrowing range, which during the past year has resulted in a succession of lower highs and higher lows. In fact, since Q4-2022 the WTI... Get crude oil prices in realtime, including live charts for WTI, crude oil futures prices, historical data, news & analysis.

   Crude Oil Price | WTI Price Chart - Investing.com Canada

   ca.investing.com/commodities/crude-oil

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   Why did oil prices rise this week?

   • Oil prices rose this week as tightening supply conditions and ongoing tensions in the Middle East contributed to push prices higher. Dan Rohinton, portfolio manager of iA Global Asset Management joins BNN Bloomberg to discuss the top markets movers of the day including oil and gold.

   Oil - BNN Bloomberg

   www.bnnbloomberg.ca/oil

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   How much sour oil will be released a day in Canada?

   • Although it will happen slowly, at a pace of about 1 million barrels per day, the total planned release is more than 10 times what Canada's oilsands produce on a typical day, so a market flooded with that much sour crude is likely to drive down the price of Canadian products even more.

   Oil prices are rising, but Canada is getting comparatively less for

   www.cbc.ca/news/business/oil-prices-canada-1.6479046

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4. www.bnnbloomberg.ca › oilOil - BNN Bloomberg

   www.bnnbloomberg.ca › oil

   • Cached

   Oil price news: Oil holds above US$85 as traders await fresh U.S. stockpile data

5. oilprice.com › oil-price-charts › 257Western Canadian Select Oil Price Charts | Oilprice.com

   oilprice.com › oil-price-charts › 257

   • Cached

   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...

6. oilprice.comCrude Oil Prices Today | OilPrice.com

   oilprice.com

   • Cached

   Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice.

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

   wowa.ca › oil-price-Canada

   • Cached

   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).

8. www.cbc.ca › news › businessOil prices are rising, but Canada is getting comparatively ...

   www.cbc.ca › news › business

   • Cached

   Jun 8, 2022 · Analysis. Why high oil prices aren't creating an economic boom in Canada. Typically that discount is about $10-$15 US a barrel, but recent events have pushed the gap to beyond $20. That's the...

   • Video Duration: 2 min

   • Author: Pete Evans

9. www.cbc.ca › news › businessPrice gap on heavy Canadian oil tops $30 per barrel, widest ...

   www.cbc.ca › news › business

   • Cached

   Oct 14, 2022 · The oil blend known as West Texas Intermediate (WTI) was going for about $87 a barrel on Thursday. That's down from recent highs, but still far more than the price offered for every barrel of...

10. www.cbc.ca › news › canadaOil prices continue slide as OPEC+ boosts supply despite ...

    www.cbc.ca › news › canada

    • Cached

    Jun 4, 2024 · Oil prices continued their slide on Tuesday on skepticism about an OPEC+ decision to boost supply later this year into a global market where demand has already shown signs of weakness....