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Crude oil exports account for 10% of Canada's GDP. 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 appreciates. CAD peaked out and reversed before oil prices did in 2008 and 2014.
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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 and smart...
This page introduces the oil price indices West Texas Intermediate (WTI) and Western Canadian Select (WCS). These are both important oil price benchmarks.
Get crude oil prices in realtime, including live charts for WTI, crude oil futures prices, historical data, news & analysis.
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.
This page includes full information about the WTI Crude vs Canadian Dollar, including the WTI CAD live chart and dynamics on the chart by choosing any of 8 available time frames.
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The Canadian Crude Oil Index serves as a benchmark for oil produced in Canada. It allows investors to track the price, risk and volatility of the Canadian commodity. The CCI was launched by Auspice Capital Advisors in 2014. The Index moved from a day end posting to live in January 2016.