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1. • • Canadian Cold Lake crude on the Gulf Coast traded at a record discount to WTI of $23 a barrel early on Wednesday before strengthening in the afternoon to $20.25 a barrel. The discount reached $25 a barrel at Cushing, Oklahoma, before rebounding to a $21.75 a barrel, according to Link Data Services.
     www.bloomberg.com/news/articles/2022-10-12/canadian-oil-prices-collapse-even-amid-pipeline-abundance

     Canadian Oil Prices Collapse Even Amid Pipeline Abundance

2. People also ask

   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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   Why are Canadian oil prices so high?

   • Today, one Canadian dollar only buys 78 U.S. cents and that’s left consumers “bearing the full brunt” of higher oil prices, Porter said. Another factor is that higher oil prices are reflecting growth-threatening geopolitical uncertainty, rather than strong global demand.

   Surging Oil Prices Won’t Be a Growth Driver for Canada This Time

   www.bloomberg.com/news/articles/2022-02-24/surging-oil-prices-won-t-be-a-growth-driver-for-canada-this-time

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   How much should crude oil cost in geopolitical supply?

   • Crude oil should be pricing in about $12 in geopolitical supply d... Oil inched higher, aided by gains across markets as China sought to stimulate its economy, and ahead of U.S. inventory data due later. Global benchmark Brent edged toward US$80 a barrel though it remains steadfastly rangebound.

   Oil price news: Oil edges higher as wider markets rally before U.S

   www.bnnbloomberg.ca/oil-price-news-oil-edges-higher-as-wider-markets-rally-before-u-s-stockpile-data-1.2025809

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   How does oil affect Canada's economic growth?

   • As one of the world’s biggest producers and exporters of oil, Canada’s growth can be impacted significantly by the energy sector, which accounts for about 10% of its economy and 15% of the benchmark stock exchange, the S&P/TSX Composite Index. That’s why an oil rally would have typically led to an appreciation of the currency in tandem with prices.

   Surging Oil Prices Won’t Be a Growth Driver for Canada This Time

   www.bloomberg.com/news/articles/2022-02-24/surging-oil-prices-won-t-be-a-growth-driver-for-canada-this-time

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   Are rising energy prices a boon for Canada?

   • Surging energy prices are typically a boon for Canada. But not this time. On Thursday, oil soared above $100 a barrel for the first time since 2014 as Russia began a full-scale invasion of Ukraine, triggering fears of a disruption to energy exports amid already tight supplies.

   Surging Oil Prices Won’t Be a Growth Driver for Canada This Time

   www.bloomberg.com/news/articles/2022-02-24/surging-oil-prices-won-t-be-a-growth-driver-for-canada-this-time

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   Are investors finally realizing that oil demands?

   • Rystad Energy says investors are finally realizing that oil deman... Crude oil should be pricing in about $12 in geopolitical supply d... Oil inched higher, aided by gains across markets as China sought to stimulate its economy, and ahead of U.S. inventory data due later.

   Oil price news: Oil edges higher as wider markets rally before U.S

   www.bnnbloomberg.ca/oil-price-news-oil-edges-higher-as-wider-markets-rally-before-u-s-stockpile-data-1.2025809

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

   www.bnnbloomberg.ca › oil

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   Oil company earnings underwhelm despite crude price flirting with US$85 a barrel. Oil prices rose this week as tightening supply conditions and ongoing tensions in the Middle East contributed to push prices higher.

4. www.bloomberg.com › energyEnergy - Bloomberg

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   Get updated data about energy and oil prices. Find natural gas, emissions, and crude oil price changes.

5. www.bloomberg.com › news › articlesLatest Oil Prices, Market News and Analysis for June 20 ...

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   Jun 19, 2024 · June 20, 2024 at 12:16 PM PDT. Listen. 1:39. Oil rose as a drawdown in US crude inventories extended a rally that has been supported by a hot streak for equity markets. West Texas Intermediate ...

6. www.bnnbloomberg.ca › oil-price-news-oil-edgesOil price news: Oil edges higher as wider ... - BNN Bloomberg

   www.bnnbloomberg.ca › oil-price-news-oil-edges

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   Jan 24, 2024 · Crude oil should be pricing in about $12 in geopolitical supply d... Oil inched higher, aided by gains across markets as China sought to stimulate its economy, and ahead of U.S. inventory data due later. Global benchmark Brent edged toward US$80 a barrel though it remains steadfastly rangebound.

7. www.bloomberg.com › markets › commoditiesCommodities - Bloomberg

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   Get updated commodity futures prices. Find information about commodity prices and trading, and find the latest commodity index comparison charts.

8. www.bloomberg.com › news › articlesLatest Oil Market News and Analysis for June 25 - Bloomberg

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   4 days ago · Updated on. June 25, 2024 at 12:04 PM PDT. Listen. 2:06. Oil dropped as a stronger dollar and weakness in technical measures overshadowed rising geopolitical risks. West Texas Intermediate fell to ...

9. www.bloomberg.com › news › articlesSurging Oil Prices Won’t Be a Growth Driver for Canada This Time

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   Feb 24, 2022 · Surging Oil Prices Won’t Be a Growth Driver for Canada This Time. Crude soars past $100 a barrel as Russia invades Ukraine; But consumers will bear brunt amid already high inflation