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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...
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).
Jun 8, 2022 · 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...
Nov 23, 2022 · Following a trend of higher prices, Statistics Canada’s latest Annual Capital Expenditures Survey data indicates that Canadian oil and gas investment levels in 2022 are likely to be one-third higher than the 2020 lows.
Mar 1, 2021 · Selected Crude Oil Price Daily March 2021 (Canadian dollars per cubic metre) Note: Prices are not reported on weekends and American statutory holidays. Explanatory Note for Crude Oil Prices. All prices are settlement prices, for delivery in the prompt month. Prices are based on daily closing prices posted on NYMEX in US dollars per barrel.
In 2025, global demand is expected to rebound with the resumption of global economic growth, while crude oil production growth keeps a lid on further gains in the WTI price. The market is expected to be mostly balanced by 2026, as demand for crude oil is expected to increase supply.
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1. West Texas Intermediate (WTI); New York Mercantile Exchange (NYMEX). Source (s): Natural Resources Canada, crude oil prices. Date modified: 2014-12-04.
