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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 tools ...
Western Canadian Select (WCS) and West Texas Intermediate (WTI) Crude Prices. WCS is among the cheapest crude oils in the world. On average, WCS traded with a discount of US$17.2 relative to the WTI. In November 2018, WCS discount relative to WTI reached a record of US$46/bbl. This significant discount pushed the Alberta provincial government ...
Jun 8, 2022 · Why high oil prices aren't creating an economic boom in Canada Typically that discount is about $10-$15 US a barrel, but recent events have pushed the gap to beyond $20.
Jun 21, 2024 · updated: weekly site map: energy statistics / oil & gas prices notes: • natural gas unit conversion: 1 gj = 0.947 mmbtu • wcs = western canadian select • sco = synthetic crude oil • ab = hardity, alberta • csh = cushing, oklahoma • md = midland, texas • ho = houston, texas • usg
May 17, 2024 · The price of oil is set in the global marketplace. Oil is traded globally and can move from one market to another easily by ship, pipeline, or barge. As a result, the supply/demand balance determines the price for crude oil around the world. Prices vary globally to reflect the cost of transporting crude oil to that market and the quality ...
Mar 1, 2021 · Synthetic Crude Oil (SCO): Synthetic crude oil is a light crude oil that is produced by upgrading bitumen. The contract for synthetic crude oil specifies delivery at Edmonton, Alberta. Implied Bitumen Price: The implied bitumen price is derived from the price of Western Canadian Select (WCS), which is assumed to have a blend composition of 30% ...
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Jun 4, 2024 · U.S. West Texas Intermediate crude futures — the North American benchmark — finished down 97 cents US, at $73.25 US. On Monday, WTI had fallen by 3.6 per cent to settle near a four-month low.
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