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Western Canadian Select (WCS) is a specific crude oil product used as a benchmark for most Western Canadian crude oil blends. WCS is a heavy sour blend of bitumen blended with synthetic sweet crude and condensate.
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...
Mar 1, 2021 · Prices are based on daily closing prices posted on NYMEX in US dollars per barrel. Prices are converted to Canadian dollars per cubic metre using the Bank of Canada’s daily noon exchange rate and applying a volumetric ratio (6.29:1) to convert the price per barrel to a price per cubic metre.
Jun 21, 2024 · The First Quarter Wrap: Canadian heavy oil prices make gains ahead of TMX start-up
Demand for crude oil is expected to catch up to supply by 2025 as the market balances. WTI: Base-price case WTI: The projected average price is US$77.00/bbl in 2023, strengthening to US$79.00/bbl in 2024. The price is expected to increase to US$85.77 by 2032.
Dec 29, 2021 · Canadian Dollar Outlook: The ongoing rebound in crude oil prices has given a lift to the Loonie. CAD/JPY rates have recently traded above their daily 21-EMA, while USD/CAD rates have yet...
People also ask
How is a barrel price converted to Canadian dollars?
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What is Western Canada Select oil?
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Why are oil prices so low in Canada?
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. That's the widest it's...
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