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Increased demand and undersupply of oil globally
- The price at the pumps is expected to jump by another cent or two across the country over the coming days, hitting historic highs just in time for the Thanksgiving weekend, thanks to increased demand and undersupply of oil globally.
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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...
Selected Daily Crude Oil Prices July 2021 (Canadian dollars per cubic metre) ... 2021-07-01: 1.2437: 589: 596: 554: 571: ... Prices are not reported on weekends and ...
Mar 1, 2021 · Western Canadian Select: Western Canada Select (WCS) is the main benchmark price for Canadian heavy crude and specifies delivery at Hardisty, Alberta. Mixed Sweet Blend: Mixed Sweet Blend (MSW) is the main Canadian benchmark price for mixed light sweet crude, blended at Edmonton, Alberta.
Sep 1, 2021 · Selected Crude Oil Prices September 2021 (Canadian dollars per cubic metre) Note: Prices are not reported on weekends and American statutory holidays.
Oct 21, 2021 · Oil and natural gas prices have risen considerably over the past nine months. The price of Western Canadian Select crude oil (WCS, the benchmark price for Alberta oil) averaged US$45.13 per barrel in January 2021. By the first week of October, that price had increased to $64.78 per barrel.
Dec 29, 2021 · Energy, which accounts for approximately 11% of Canadian GDP, has a considerable sway over the Loonie, so it’s no surprise that the sharp rebound by crude oil prices over the past week have...
Oct 6, 2021 · As oil prices reach a seven-year high, analysts say Canadians should brace for skyrocketing prices at the pumps this week as the global economy begins to rebound from a pandemic lull.
