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- The current price of West Texas Intermediate (WTI) crude oil today is $76.99 per barrel. Live charts, historical data, futures contracts, and breaking news on WTI prices can be found below.
oilprice.com/futures/wti/
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Oil Prices; Crude Oil; Heating Oil; Gas Prices; Natural Gas; Coal; ... offers over 150 crude oil blends and indexes from all around the world, providing users with oil price charts, comparison ...
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.
Over the past two decades, crude oil production in Alberta has often exceeded the available pipeline capacity for moving this oil to market. This often has caused Western Canadian Select (WCS) to trade with a large discount to West Texas Intermediate (WTI). In February 2024, the Trans Mountain Pipeline Expansion project is complete.
Summary. The average annual price of WTI in 2022 was US$94.23 per barrel (bbl), an increase of 39 per cent from 2021. The base-price case for WTI is projected to decrease to US$77.00/bbl in 2023, rebounding to US$79.00/bbl in 2024 and reaching US$85.77 by 2032. The low-price case assumes lower demand for transportation fuels, with WTI to ...
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. West Texas Intermediate (WTI) West Texas Intermediate is the benchmark price of oil in North America. Its price changes reflect the supply-and-demand balance and ...
The base-case price for WCS is projected to drop to US$59.00/bbl in 2023, rising to US$65.00/bbl in 2024 and reaching US$67.77/bbl by 2032. The low- and high-price cases for WCS align with the assumption for the West Texas Intermediate (WTI) forecast.
USOIL: Crude oil trading strategy, Sell@78.2 Looking at the hourly chart of crude oil, oil prices hit 76.70 to gain support. The price rebounded during the day and is now around 78.2. Judging from the strength of the two waves of decline and then rebound, the momentum of the bulls has strengthened.
