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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).
Jan 5, 2022 · The forecast indicates increased Canadian production of crude oil, coupled with additional OPEC+ production has pushed up the differential between WCS prices and those for WTI by almost 200 per cent since November 2020, bringing them closer to historical values.
- 5.1B
- Manager, Public Relations
- mplouffe@deloitte.ca
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.
Jan 11, 2022 · Canada's oilpatch is forecasting a busier year in 2022, helped by strong commodity prices. The challenge for the sector could be finding enough skilled labour, according to industry...
Jul 14, 2022 · Rising demand for oil this summer is expected to keep crude oil prices at elevated levels despite a decision by OPEC+ countries to boost their output in July and August, according to the latest forecast from Deloitte Canada’s Resource Evaluation and Advisory (REA) group.
Nov 1, 2022 · Selected Crude Oil Prices November 2022 (Canadian dollars per cubic metre) Note: No prices are reported on weekends and American statutory holidays. Did you find what you were looking for? Date modified: 2022-12-14. Date Exchange Rate WTI Cushing Brent.
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Jun 1, 2022 · Selected Crude Oil Prices June 2022 (Canadian dollars per cubic metre) Note: No prices are reported on weekends and American statutory holidays. Did you find what you were looking for? Date modified: 2022-07-15. Date Exchange Rate WTI Cushing Brent Sullom Voe, UK.
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