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If we see a weakening economy, it will impact demand and send prices lower. But by and large, if you just look at history we have seen petroleum demand growth nearly every single year.
Dec 2, 2023 · Selected Crude Oil Prices December 2023 (Canadian dollars per cubic metre) Note: No prices are reported on weekends and American statutory holidays. Did you find what you were looking for?
Jun 8, 2022 · Analysis. 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...
Sep 30, 2022 · While a lot goes into the price that drivers pay at the pumps, the main culprit in B.C. right now is a shutdown of one of the region's main refineries, reducing the supply...
Dec 6, 2023 · Oil prices have fallen by about 10% since OPEC+, the Organization of the Petroleum Exporting Countries (OPEC) and allies, announced a combined 2.2 million barrels per day (bpd) in voluntary...
Nov 3, 2023 · The delayed startup of a Canadian government-owned pipeline expansion project is weighing on the country’s heavy crude prices after producers ramped up output before the new capacity to export it has come online.
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Sep 24, 2023 · Some forecasts suggest that oil prices could soon reach at least $100 US per barrel — putting even more pressure on Canadian consumers coping with high inflation.
