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  1. 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.

  2. Oct 14, 2022 · A barrel of the North American oil benchmark is changing hands for about $90 US a barrel right now, but the heavy crude that comes from Canada's oilsands is fetching $30 less because of a perfect ...

  3. Mar 8, 2022 · Canada’s central bank has pledged to tame inflation, which reached a 30-year high of 5.1 per cent in January. Last Wednesday, it raised its key interest rate for the first time in three years ...

  4. Aug 16, 2023 · The total cost of imported crude oil was $21.5 billion in 2022, 46% higher than the $14.7 billion cost in 2021. This increase was primarily because global crude oil prices spiked in 2022, following Russia’s invasion of Ukraine, causing global supply security concerns, along with general demand recovery relative to the onset of the COVID-19 pandemic.

  5. Sep 1, 2021 · Date Exchange Rate WTI Cushing Brent Sullom Voe, UK Mixed Sweet Blend Edmonton Synthetic Crude Oil Edmonton Western Canadian Select Hardisty Implied Bitumen

  6. Jun 28, 2018 · So why is the Canadian dollar still so low? ... 2018 2:37 pm. Updated December 3, 2021 5:54 pm. 4 min read. ... Canada is part of the reason why oil prices are spiking.

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  8. Sep 30, 2022 · Average price in B.C. right now at $2.39 a litre, the highest on record. A woman pumps gas in this file photo. Imbalances between supply and demand have caused pump prices to increase dramatically ...

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