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  1. Mar 7, 2024 · In 2024, we estimate that Canadian oil production could advance by 610%, roughly equivalent to 300–500k/bpd. The band is fairly wide to incorporate lingering uncertainties, but even on the low end, this would match average annual growth in the booming years between 2010–2015.

  2. Nov 23, 2022 · By 2020, with annual average WTI 4 prices at US$40 per barrel, Canadian oil and gas investment fell to $24 billion, a level not seen since 2002. Investment in 2020 was down more than two-thirds from 2014’s peak, when WTI prices averaged US$90 per barrel.

  3. In 2025, global demand is expected to rebound with the resumption of global economic growth, while crude oil production growth keeps a lid on further gains in the WTI price. The market is expected to be mostly balanced by 2026, as demand for crude oil is expected to increase supply.

  4. 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...

  5. Apr 3, 2024 · Calgary, April 3, 2024 – Global crude oil prices should remain relatively stable in 2024 but prices for Canadian producers are expected to rise once the Trans Mountain Expansion (TMX) pipeline project starts operating later this year, according to the latest forecast from Deloitte Canada’s Resource Evaluation and Advisory (REA) group.

    • mplouffe@deloitte.ca
    • Manager, Public Relations
  6. 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...

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  8. 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 ...

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