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Dec 30, 2018 · Crude oil prices rose significantly in 2018, and then fell right back down at the end of the year, but what was driving this spectacular volatility?
- Oil Set For First Annual Drop In Three Years
On the contrary, oil prices are set for a rebound in 2019....
- UBS
The current slump in oil prices, the UBS analyst says, was a...
- Why Russia Isn't Worried About Lower Oil Prices
Russia is projected to have a budget surplus this year of...
- The Mediterranean Pipeline Wars Are Heating Up
The subsea section from Cyprus’ offshore zone to the island...
- Oil Set For First Annual Drop In Three Years
Nov 13, 2019 · During the summer of 2019, gasoline prices averaged $1.26 per litre, lower than gasoline prices in the summer of 2018, when they averaged $1.36 per litre. Over the longer term, gasoline prices generally track the changing price of crude oil.
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).
Selected Crude Oil Price Daily November 2019 (Canadian dollars per cubic metre) Explanatory Note for Crude Oil Prices. All prices are settlement prices, for delivery in the prompt month. Prices are based on daily closing prices posted on NYMEX in US dollars per barrel.
May 17, 2024 · Prices vary globally to reflect the cost of transporting crude oil to that market and the quality differences between the various types of oil. Spot Markets versus Futures Markets for Crude Oil In the spot market, oil is bought and sold for cash and delivered immediately.
Jun 8, 2022 · Canadian oil inventories are already at their highest level since 2019, and they're poised to increase this month, according to Bloomberg data. Against the backdrop of that excess supply and...
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Global oil supply fell 360 kb/d month-on-month (m-o-m) in November to 101.1 mb/d due lower output in the North Sea, Canada and Russia. Cuts from January reduce non-OPEC production growth for 2019 by 415 kb/d, to 1.5 mb/d, compared with 2.4 mb/d in 2018.