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May 24, 2024 · WCS oil price. Oil prices are measured in US dollars per barrel as reported by Western Canada Select (WCS), the price obtained for many Alberta producers of oil, and West Texas Intermediate (WTI), a world reference price usually quoted in the media. On this page: Alberta API.
- Oil prices and value
The price a producer receives for a barrel of oil depends on...
- Oil prices and value
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...
Base-price case WTI: The forecast average price is US$76.00/bbl in 2024, strengthening to US$77.00/bbl in 2025. The price is expected to increase to US$83.63 in 2033. Low-price case WTI: The forecast is US$46.47/bbl in 2024 and projected to be US$46.45/bbl in 2033.
The price a producer receives for a barrel of oil depends on the type of oil, where it’s produced, and where it is sold. Price fluctuations also occur due to changes in market demand and supply. It is important to consider the following information when discussing the price of crude oil in Alberta.
Jun 28, 2024 · site map: energy statistics / oil & gas prices. notes: • natural gas unit conversion: 1 gj = 0.947 mmbtu • wcs = western canadian select • sco = synthetic crude oil • ab = hardity, alberta • csh = cushing, oklahoma • md = midland, texas • ho = houston, texas • usgc = u.s. gulf coast
Spot price of Crude Oil is the current price at which Crude Oil can be bought or sold. It is the wholesale price that is quoted if you were a refiner wanting to buy Crude Oil today. The price is quoted per barrel. View Historical Gas Price Charts.
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What percentage of Alberta's oil production is crude?
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Crude oil, including bitumen and pentanes plus, accounted for 12% of total marketable oil production in Alberta. Number of wells: After a notable increase in 2022, the number of new wells placed on production in 2023 declined by 20%, primarily influenced by the drop in oil prices, maturity of basins, and increased capital and operating costs.
