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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).
Oil Price Charts. 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...
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...
Mar 7, 2024 · In 2024, we estimate that Canadian oil production could advance by 6–10%, roughly equivalent to 300–500k/bpd. The band is fairly wide to incorporate lingering uncertainties, but even on the low end, this would match average annual growth in the booming years between 2010–2015.
May 17, 2024 · Oil Pricing. How Crude Oil Prices are Determined. The price of oil is set in the global marketplace. Oil is traded globally and can move from one market to another easily by ship, pipeline, or barge. As a result, the supply/demand balance determines the price for crude oil around the world.
Jun 1, 2022 · Selected Crude Oil Prices June 2022 (Canadian dollars per cubic metre) Note: No prices are reported on weekends and American statutory holidays. Did you find what you were looking for? Date modified: 2022-07-15. Date Exchange Rate WTI Cushing Brent Sullom Voe, UK.
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Selected Crude Oil Prices December 2022 (Canadian dollars per cubic metre) Note: No prices are reported on weekends and American statutory holidays. Did you find what you were looking for? Date modified: 2023-01-17. Date Exchange Rate WTI Cushing Brent.
