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1. • • The price of oil settled 3.60% lower at $74.22 a barrel as investors worried about the demand outlook and took a complicated OPEC+ output decision as a sign that members of the producer group were eager to export more crude.
     www.reuters.com/markets/tsx-futures-dip-ahead-boc-rate-decision-this-week-2024-06-03/

     Toronto market ends lower as oil prices tumble | Reuters

2. People also ask

   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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   Is Canadian oil cheaper than US oil?

   • A cup of heavy oil extracted from Canadian oilsands is shown. Canadian oilsands crude always trades at a discount to more prized U.S. blends, but that price gap has widened in recent weeks. (Reuters) But that's no longer the case.

   Oil prices are rising, but Canada is getting comparatively less for

   www.cbc.ca/news/business/oil-prices-canada-1.6479046

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   Why are oil prices so low in Canada?

   • Russian President Vladimir Putin's decision to invade Ukraine has wreaked havoc on oil prices around the world. (Andrey Rudakov/Bloomberg) Oil prices around the world have risen to their highest levels in years, but Canadian oilsands producers are seeing comparatively less for every barrel because of imbalances in supply and demand.

   Oil prices are rising, but Canada is getting comparatively less for

   www.cbc.ca/news/business/oil-prices-canada-1.6479046

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   How much sour oil will be released a day in Canada?

   • Although it will happen slowly, at a pace of about 1 million barrels per day, the total planned release is more than 10 times what Canada's oilsands produce on a typical day, so a market flooded with that much sour crude is likely to drive down the price of Canadian products even more.

   Oil prices are rising, but Canada is getting comparatively less for

   www.cbc.ca/news/business/oil-prices-canada-1.6479046

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3. ca.investing.com › commodities › crude-oilCrude Oil Price | WTI Price Chart - Investing.com Canada

   ca.investing.com › commodities › crude-oil

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   Get crude oil prices in realtime, including live charts for WTI, crude oil futures prices, historical data, news & analysis.

4. www.theglobeandmail.com › investing › marketsCrude Oil WTI (NYMEX: CLQ24) Quote - The Globe and Mail

   www.theglobeandmail.com › investing › markets

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   What every Canadian investor needs to know today. Updated Price for Crude Oil WTI (NYMEX: CLQ24). Charting, Price Performance, News & Related Contracts.

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

   wowa.ca › oil-price-Canada

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   Western Canadian Select (WCS) is the most important oil price index in Western Canada. The price received by Canadian oil producers is often based on WCS. Limited transportation infrastructure causes a large discount in WCS in relation to West Texas Intermediate (WTI).

6. ca.investing.com › commodities › crude-oil Crude Oil Price | WTI Price Chart - Investing.com Canada

   ca.investing.com › commodities › crude-oil

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   Get crude oil prices in realtime, including live charts for WTI, crude oil futures prices, historical data, news & analysis.

7. oilprice.comCrude Oil Prices Today | OilPrice.com

   oilprice.com

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   Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice.

8. www.theglobeandmail.com › investing › marketsTSX Oil and Gas EW Index (TXOE) Quote - The Globe and Mail

   www.theglobeandmail.com › investing › markets

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   Real-time Prices for TSX Oil and Gas EW Index TXOE. Charting, Price Performance, News & Index Constituents.

9. www.cbc.ca › news › businessOil prices are rising, but Canada is getting comparatively ...

   www.cbc.ca › news › business

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   Jun 8, 2022 · Analysis. 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...