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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...
Aug 16, 2023 · In 2022, Canada imported 9,000 b/d more crude oil from Saudi Arabia than the year before. Canada imported 50% less oil from Nigeria relative to the prior year and did not import oil from Azerbaijan in 2022, reflecting drops of 31,000 b/d and 11,000 b/d, respectively.
Nov 23, 2022 · Following a trend of higher prices, Statistics Canada’s latest Annual Capital Expenditures Survey data indicates that Canadian oil and gas investment levels in 2022 are likely to be one-third higher than the 2020 lows.
Mar 8, 2022 · The Canadian dollar is no longer growing at a pace tied to oil prices, exacerbating pains at the pumps and putting more pressure on the Bank of Canada to tame inflation.
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.
Sep 27, 2023 · The 2022 increase was attributable to increased economic activity and increased demand for energy products. According to the Raw materials price index, the price of crude oil and bitumen in 2022 increased by 49.0% from 2021, while the price of natural gas increased by 25.6%.
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Oct 5, 2022 · After hitting records in June on surging oil prices, exports have now dropped sharply for two second consecutive months as energy prices fell. Total export shipments were down 2.9 per cent in August after a 3.7 per cent decline in July.
