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1. natural-resources.canada.ca › our-naturalSelected Crude Oil Price Daily March 2021 (Canadian dollars ...

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   Mar 1, 2021 · Mixed Sweet Blend: Mixed Sweet Blend (MSW) is the main Canadian benchmark price for mixed light sweet crude, blended at Edmonton, Alberta. Synthetic Crude Oil (SCO): Synthetic crude oil is a light crude oil that is produced by upgrading bitumen.

   • Selected Crude Oil Prices September 2021 (Canadian dollars ...

     Selected Crude Oil Prices September 2021 (Canadian dollars...

2. natural-resources.canada.ca › our-naturalSelected Crude Oil Prices November 2021 (Canadian dollars per ...

   natural-resources.canada.ca › our-natural

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   Nov 1, 2021 · Selected Crude Oil Prices November 2021 (Canadian dollars per cubic metre) Note: Prices are not reported on weekends and American statutory holidays. Did you find what you were looking for?

3. natural-resources.canada.ca › our-naturalSelected Crude Oil Prices September 2021 (Canadian dollars ...

   natural-resources.canada.ca › our-natural

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   Sep 1, 2021 · Selected Crude Oil Prices September 2021 (Canadian dollars per cubic metre) Note: Prices are not reported on weekends and American statutory holidays.

4. wowa.ca › oil-price-CanadaCanadian Oil Price (Western Canadian Select) | WOWA.ca

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   This page introduces the oil price indices West Texas Intermediate (WTI) and Western Canadian Select (WCS). These are both important oil price benchmarks.

5. www150.statcan.gc.ca › n1 › pubThe oil and gas sector in Canada: A year after the start of ...

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   • Crude oil price. The price of crude oil is the most important factor that drives production and investment in the oil and gas extraction sector. Chart 1 presents movements in two of the most relevant crude oil prices for Canada, the WTI and the Western Canadian Select (WCS) from January 2019 to February 2021.
   • Production and employment. Chart 2 presents monthly production and employment in the oil and gas extraction industry and in all industries as a whole from January 2019 to April 2021.
   • Crude oil and merchandise exports. The global value chain and, therefore, merchandise exports have been greatly affected by the pandemic because of declining demand.
   • Capital expenditures. Capital expenditures in oil and gas extraction are highly related to crude oil price. Lower oil prices will drive down the profit level of oil and gas extraction and ultimately discourage investment in the industry, and this will affect its production capacity in the long term.

6. www150.statcan.gc.ca › n1 › daily-quotidienThe Daily — Oil and gas extraction, 2021 - Statistics Canada

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   Sep 27, 2022 · Total gross revenue in the oil and gas extraction industry increased 85.7% to $174.0 billion in 2021 from $93.7 billion in 2020. According to the Raw materials price index, the price of crude oil and bitumen increased by 70.8% from 2020, while the price of natural gas increased by 15.8%.

7. People also ask

   Will crude oil production and exports fall again in February 2021?

   • Crude oil production and exports started to fall again in February 2021, and their future trends remain to be seen. The price of crude oil is the most important factor that drives production and investment in the oil and gas extraction sector.

   The oil and gas sector in Canada: A year after the start of the pandemic

   www150.statcan.gc.ca/n1/pub/36-28-0001/2021007/article/00003-eng.htm

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   How important is the price of crude oil?

   • The price of crude oil is the most important factor that drives production and investment in the oil and gas extraction sector. Chart 1 presents movements in two of the most relevant crude oil prices for Canada, the WTI and the Western Canadian Select (WCS) Note from January 2019 to February 2021.

   The oil and gas sector in Canada: A year after the start of the pandemic

   www150.statcan.gc.ca/n1/pub/36-28-0001/2021007/article/00003-eng.htm

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   Will Canadian oil and gas investment increase in 2021?

   • However, a report by the Canadian Association of Petroleum Producers (CAPP 2021) predicts a 14% increase in oil and gas investment in the year 2021. Note The mixed signals from the two expectations suggest that the near- and longer-term outlook of investment in Canada’s oil and gas extraction industry remains to be seen.

   The oil and gas sector in Canada: A year after the start of the pandemic

   www150.statcan.gc.ca/n1/pub/36-28-0001/2021007/article/00003-eng.htm

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   Why is oil price important for Canadian investors?

   • Oil price is significant for Canadian investors. Some investors use Canadian ETFs to speculate on oil prices. For example, HUC-Horizons Crude Oil ETF replicates the crude oil price performance. More importantly, a substantial portion of the S&P/TSX Composite index is composed of Canadian oil stocks.

   Canadian Oil Price (Western Canadian Select) | WOWA.ca

   wowa.ca/oil-price-Canada

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   How did Canada's oil and gas extraction industry perform in 2021?

   • Source (s): Table 25-10-0064-01 . Source (s): Table 25-10-0065-01 . In 2021, Canada's oil and gas extraction industry saw growth in revenue after experiencing a turbulent 2020. A rebound in economic activity and demand for energy products led to rising prices and increased production. In 2021, oil prices reached their highest level since 2015.

   The Daily — Oil and gas extraction, 2021 - Statistics Canada

   www150.statcan.gc.ca/n1/daily-quotidien/220927/dq220927d-eng.htm

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   How did crude oil prices change in Canada?

   • Chart 1 presents movements in two of the most relevant crude oil prices for Canada, the WTI and the Western Canadian Select (WCS) Note from January 2019 to February 2021. As shown, both oil prices declined sharply from January to April 2020 and then recovered quickly in next two months.

   The oil and gas sector in Canada: A year after the start of the pandemic

   www150.statcan.gc.ca/n1/pub/36-28-0001/2021007/article/00003-eng.htm

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8. www150.statcan.gc.ca › n1 › daily-quotidienThe Daily — Energy statistics, November 2021

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   Feb 7, 2022 · According to the US Energy Information Administration, consumption of crude oil in Canada rose 2.1% in November. Exports of crude oil and equivalent products dropped 5.0% to 18.6 million cubic metres in November.