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Oil par prices. The following par prices are used to determine the royalty volume payable to the Crown. Explore pages in:
May 24, 2024 · Updated - 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. Alberta Economic Dashboard.
Crude Oil is sold between countries in quantities called barrels (bbl). There are approximately 159 litres (42 US gallons) of oil in a barrel. Prices of WCS (Western Canadian Select) are based on publically available data from the Alberta Energy BVM Components. Alberta Energy provides heavy crude oil pricing information for general information
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...
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.
Crude Oil - data, forecasts, historical chart - was last updated on July 8 of 2024. Crude Oil increased 11.04 USD/BBL or 15.41% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.
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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.
