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Enbridge, First Nations and Métis partners to advance 200-megawatt wind energy project in Saskatchewan
Today, Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) and Six Nations Energy Development LP (Six Nations) – a newly-c...
CNW
5 days ago
Shell to build carbon capture and storage projects in Canada
Shell Canada Products, a subsidiary of Shell plc, today announced the Final Investment Decision (FID) for Polaris, a carbon capture p...
CNW
3 days ago
- WTI futures traded at $82.44 per barrel, as of 9 a.m. ET. Year to date, WTI prices are up by 12.25%. Brent futures traded around $85.53/bbl, an increase of 0.48% in the last 24 hours. Year to date, Brent prices are up by 8.18%.
People also ask
Why are Alberta's Crude oil prices so low & high?
How much oil did Alberta need in 2014?
How are oil prices measured?
Will oil prices rise above $56 in 2023?
May 24, 2024 · Updated - May 24, 2024. WCS oil price. Oil prices are measured in US dollars per barrel as reported by Western Canada Select (WCS), the price obtained for many Alberta producers of oil, and West Texas Intermediate (WTI), a world reference price usually quoted in the media. On this page: Alberta API. Alberta Economic Dashboard.
Jun 21, 2024 · Get access to our self-serve database of oil and gas prices, Cdn/US energy statistics and operating metrics for key oil sands facilities.
2 days ago · The latest oil & gas news, commodity prices, drilling activity, property listings, and jobs for the oil and gas industry in Alberta and Canada.
- Potentially Massive Fiscal Windfall
- Potential Boost to Alberta's Economy
- Uncertainty and Risk Remains
In its latest budget released earlier this year, Alberta's government budgeted oil prices of $46 per barrel. By 2023/24, they hoped prices would rise above $56. These projections are now far below both current prices and current expectations. Based on where investors are betting oil prices will be, the best guess is for oil to average $68 per barre...
High oil prices means more than a smaller deficit. Higher oil prices may generate higher rates of economic growth — which means higher incomes and more jobs for Albertans. Earlier this year, the government expected Alberta's economy to grow 4.8 per cent in 2021. More recently, the Conference Board of Canada (in an analysis that accounts for rising ...
High oil prices — at least in the short term — are a welcome boon. But it won't last. At some point, eventually, prices will fall again due to one unexpected development or another. There's little the government can do about broader economic swings beyond helping individuals and businesses through challenging times. But it can directly control its ...
Dec 12, 2023 · The price of oil continued its rough ride this week, with the benchmark North American crude blend known as West Texas Intermediate, or WTI, skidding again below $70 US a barrel on Tuesday,...
The average annual price of WCS in 2023 was US$58.97 per barrel (bbl), a decrease of 22% from 2022. In the base-case, the WCS price is forecast to rise to US$61.50/bbl in 2024, increasing to US$64.00/bbl in 2025 and reaching US$70.63/bbl by 2033.
Oil company earnings underwhelm despite crude price flirting with US$85 a barrel. Oil prices rose this week as tightening supply conditions and ongoing tensions in the Middle East contributed to push prices higher.
