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  1. The current price of WTI crude oil as of June 28, 2024 is $82.64 per barrel. Interactive charts of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel back to 1946. The price of oil shown is adjusted for inflation using the headline CPI and is shown by default on a logarithmic scale. The current month is updated on an hourly ...

  2. Mar 7, 2024 · In 2024, we estimate that Canadian oil production could advance by 610%, 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.

  3. Nov 23, 2022 · By mid-2014, Canadian oil and gas investments reached a new high of over $80 billion, with the sector’s share of total industrial investment also peaking that year at 24%. By late 2014 to early 2015, however, crude oil prices – and Canadian oil and gas investment – fell rapidly.

  4. Canada Crude Oil: Production data is updated yearly, averaging 1,263.375 Barrel/Day th from Dec 1960 to 2022, with 63 observations. The data reached an all-time high of 1,742.330 Barrel/Day th in 1973 and a record low of 563.836 Barrel/Day th in 1960.

    Balance Of Payments
    Last
    Frequency
    Range
    132,722.788 2022
    yearly
    1960 - 2022
    599,041.850 2022
    yearly
    1960 - 2022
    145,199.414 2022
    yearly
    1960 - 2022
    15,509.256 2022
    yearly
    1960 - 2022
  5. Apr 3, 2024 · Calgary, April 3, 2024 – Global crude oil prices should remain relatively stable in 2024 but prices for Canadian producers are expected to rise once the Trans Mountain Expansion (TMX) pipeline project starts operating later this year, according to the latest forecast from Deloitte Canada’s Resource Evaluation and Advisory (REA) group.

    • mplouffe@deloitte.ca
    • Manager, Public Relations
  6. 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).

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  8. Jun 8, 2022 · 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 widest...

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