Yahoo Canada Web Search

Search results

    • 49.0%

      • The 2022 increase was attributable to increased economic activity and increased demand for energy products. According to the Raw materials price index, the price of crude oil and bitumen in 2022 increased by 49.0% from 2021, while the price of natural gas increased by 25.6%.
      www150.statcan.gc.ca/n1/daily-quotidien/230927/dq230927c-eng.htm
  1. People also ask

  2. Mar 8, 2023 · The monthly average price index for refined petroleum products, including motor gasoline and distillate fuel oil, was a key driver of producer price inflation, which rose by 56.6% from 2021. The crude oil and bitumen price index (+49.0%) increased by nearly half in 2022.

    • Canadian Crude Oil Production Increases to Meet Domestic and Global Demand
    • Higher Production of Refined Petroleum Products Continues
    • Natural Gas Production Increases, Inventories Continue to Decline
    • Electricity Generation Up Slightly Year Over Year
    • Coal Production and Exports Continue to Decline
    • Energy Production on The Rise in The First Quarter of 2022
    • Contact Information

    In March, production of crude oil and equivalent products was up 2.3% to 24.2 million cubic metres. This was the second consecutive monthly year-over-year gain as the global crude oil market faced ongoing uncertainty in reaction to the war in Ukraine. The overall increase was driven by oil sands extraction, up 1.8% in March to 15.7 million cubic me...

    In March, production of finished petroleum products rose 7.6% to 9.8 million cubic metres, marking the fifth consecutive monthly year-over-year increase, as demand for refined products continued to rise. Production of finished motor gasoline was up 13.0% to 3.1 million cubic metres. Likewise, production of jet fuel rose 51.7% to 0.4 million cubic m...

    Production of marketable natural gas in Canada increased 7.2% year over year in March to 639.0 million gigajoules. This was the highest monthly production level recorded since the beginning of this series in January 2016, and the 12th consecutive month of year-over-year production increases. Alberta accounted for the bulk of natural gas production ...

    Electricity generation in Canada edged up 0.1% year over year to 56.7 million megawatt-hours (MWh) in March, following a 1.7% decline in February. Compared with March 2021, total hydroelectricity generation declined 0.2% in March to 35.4 million MWh. However, hydroelectricity continued to be the single largest contributor to Canadian electricity ge...

    In March, total coal production was 3.0 million metric tonnes, down 25.9% compared with March 2021, and the fifth consecutive monthly decline. Coal exports also declined compared with March 2021, down 13.1% to 2.5 million tonnes, which represented 85.2% of total monthly production. Coke production declined 17.8% year over year to 147.7 million tonn...

    In the first quarter of 2022, several Canadian provinces and territories relaxed or removed COVID-19 restrictions, contributing to an increase in the production and trade of energy products. In addition, the first quarter also saw geopolitical tensions escalate into war as Russia invaded Ukraine in February 2022. These tensions contributed to signi...

    For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; infostats@statcan.gc.ca) or Media Relations (statcan.mediahotline-ligneinfomedias.statcan@statcan.gc.ca).

  3. Sep 27, 2023 · According to the Raw materials price index, the price of crude oil and bitumen in 2022 increased by 49.0% from 2021, while the price of natural gas increased by 25.6%. Total production for crude oil rose by 2.3% in 2022, while total natural gas production increased by 7.3%.

  4. Jan 4, 2023 · The Brent crude oil spot price averaged $100/b in 2022, and the WTI spot price averaged $95/b. In the first half of 2022, geopolitical tension with Russia, culminating with Russia’s full-scale invasion of Ukraine on February 24, contributed to crude oil price increases.

  5. Oct 20, 2022 · What’s happening with oil prices in 2022? We’re going to look at the impact of the Ukraine War, the OPEC+ decision to cut production, and other factors affecting oil prices right now.

  6. Dec 28, 2021 · U.S. crude oil prices hit a high of $86.40 per barrel in October this year. Natural gas prices also rose this year, although the rise in U.S. benchmark prices was minuscule in comparison...

  7. Jan 11, 2022 · Fuel prices surged as demand and economic activity began returning from the pandemic lows that had spurred oil production cuts around the globe. Here's what will cost more — and less — in 2022

  1. Ad

    related to: What is the price increase in domestic oil in 2022?
  1. People also search for