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Crude Oil Prices - 70 Year Historical Chart. 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.
- 10 Year Daily Chart
WTI Crude Oil Prices - 10 Year Daily Chart. Interactive...
- Crude Oil vs Gasoline Prices
This interactive chart compares the monthly price...
- Saudi Arabia Crude Oil Production
Interactive chart showing the monthly level of Saudi Arabia...
- Crude Oil Prices Today - Live Chart
Live interactive chart of West Texas Intermediate (WTI or...
- Oil Prices vs Natural Gas
Backlinks from other websites are the lifeblood of our site...
- 10 Year Daily Chart
- A Fight Over Market Share
- Both Sides Gird For A Long Fight
- Canadian Operators Feel The Strain
Saudi Arabia, the de facto leader of OPEC, and Russia became locked in a war for global oil market share after their three-year deal to restrain output collapsed in early March. With global oil demand falling because of the coronavirus pandemic, OPEC wanted to deepen supply cuts but Moscow said it would agree only to an extension to the existing pa...
On Friday, the price of West Texas Intermediate (WTI), the North American benchmark, closed at $22.53 US a barrel — capping a remarkable 29-per-cent drop for the week. Brent crude, the global yardstick, fell 20 per cent in the week to close at $26.98 US a barrel. Such low prices will put a strain on Russia and Saudi Arabia. According to Bloomberg N...
Few observers appear to expect a quick resolution to the price war. Rather than wait things out, U.S. officials said Fridaythe Trump administration plans to send a special energy envoy to Saudi Arabia to work with the kingdom on stabilizing the global oil market. Kamel thinks it's going to take more economic pain and revenue loss to get Russia or S...
Apr 10, 2020 · The oil price war of January 2020 began 10 years ago. To understand what happened, you have to look back to 2009. As most of you know, 2010 saw oil prices punch through $100 per...
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...
Dec 26, 2020 · An international oil price war combined with a pandemic made 2020 a very difficult year for Canada's oil and gas sector. But the year ahead will offer little respite, with the pace of...
Canadians are “price takers” in the global oil market, and, since 2014, gasoline prices have not fallen as far as crude oil prices. Alberta’s reliance on oil production made it vulnerable to the price decline, with impacts felt in public finance, business and consumer behaviour.
People also ask
Are Canadians 'price takers' in the global oil market?
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Will Canada's oil prices return to US$100 a barrel?
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Why are Canadian oil and gas prices so low in 2023?
Apr 4, 2023 · Canadian oil and gas companies reaped record profits in 2022 as the war in Ukraine and global fears about energy security drove commodity prices sky-high in the spring of last year.
