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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 · Western Canadian Select: Western Canada Select (WCS) is the main benchmark price for Canadian heavy crude and specifies delivery at Hardisty, Alberta. Mixed Sweet Blend: Mixed Sweet Blend (MSW) is the main Canadian benchmark price for mixed light sweet crude, blended at Edmonton, Alberta.

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 August 2021 (Canadian dollars per ...

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   Selected Crude Oil Prices August 2021 (Canadian dollars per cubic metre) Note: Prices are not reported on weekends and American statutory holidays. Report a problem on this page. Share this page. Date modified: 2021-09-24. Date Exchange Rate.

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 ...

   www150.statcan.gc.ca › n1 › pub

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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 — Energy statistics, November 2021

   www150.statcan.gc.ca › n1 › daily-quotidien

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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.

7. People also ask

   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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   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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   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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   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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   What happened to crude oil in Canada in November?

   • 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. Flooding and landslides in British Columbia in mid-November resulted in the temporary shutdown of some pipelines.

   The Daily — Energy statistics, November 2021

   www150.statcan.gc.ca/n1/daily-quotidien/220207/dq220207a-eng.htm

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   Why did crude oil prices fall 31% in November?

   • Conversely, light and medium crude production edged down 0.2% to 3.8 million cubic metres. Following two consecutive monthly gains, the crude oil and bitumen price index fell 3.1% in November as news of the Omicron variant broke and contributed to uncertainty in global demand. Despite the decrease, prices remained elevated compared with 2020.

   The Daily — Energy statistics, November 2021

   www150.statcan.gc.ca/n1/daily-quotidien/220207/dq220207a-eng.htm

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8. www.cer-rec.gc.ca › en › data-analysisCER – Crude Oil and Petroleum Products

   www.cer-rec.gc.ca › en › data-analysis

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   Find statistics on crude oil refinery runs, crude by rail, estimated production and more. We also publish commodity-specific market and resource assessments. The Canada Energy Regulator regulates the export of crude oil and petroleum products from Canada.