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USD/CAD and the oil price have a positive correlation. (The y-axis to USD/CAD is reversed.) When oil prices rise, the Canadian dollar . CAD peaked out and reversed before oil prices did in 2008 and 2014. Canada is one of the world's largest exporters of commodities, including crude oil.
Interactive charts of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel back to 1946. The price of oil shown is adjusted for inflation using the headline CPI and is shown by default on a logarithmic scale. The current month is updated on an hourly basis with today's latest value.
Oil is often traded in US dollars, and for historical reasons, its price is quoted per barrel (bbl). Each barrel is 159 litres. The effect of oil prices goes far beyond oil stocks; changes in oil prices are often an important component of the inflation rate.
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...
Historical price quotes for Western Canadian Select (WCS) Crude Oil Futures futures, going back to circa 1980, with latest news and charts.
1. West Texas Intermediate (WTI); New York Mercantile Exchange (NYMEX). Source (s): Natural Resources Canada, crude oil prices. Date modified: 2014-12-04.
Spot price of Crude Oil is the current price at which Crude Oil can be bought or sold. It is the wholesale price that is quoted if you were a refiner wanting to buy Crude Oil today. The price is quoted per barrel. View Historical Gas Price Charts.
