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  2. Mar 23, 2020 · Energy economist Peter Tertzakian told CBC News this month Canada's oil sector begins to feel financial strain when WTI prices fall below $40 US a barrel, though it varies by company.

  3. Dec 12, 2023 · The price of oil continued its rough ride this week, with the benchmark North American crude blend known as West Texas Intermediate, or WTI, skidding again below $70 US a barrel on Tuesday,...

  4. Dec 12, 2023 · The price of oil continued its rough ride this week, with the benchmark North American crude blend known as West Texas Intermediate, or WTI, skidding again below $70 US a barrel on Tuesday,...

  5. Mar 18, 2020 · Most of the Canadian oil producers suffered double-digit declines in their share price amid a wide-ranging market rout. Canadian Natural Resources Ltd. was down 17.5 per cent to $10.69, Suncor was down 17 per cent to $14.93 and Cenovus Energy Inc. fell 20 per cent to $2.21, to name a few.

    • Gabriel Friedman
  6. Apr 4, 2023 · It was only a few weeks ago that oil prices fell to the mid-$60 range due to concerns over bank failures south of the border. But the OPEC news has sent the price for North American crude...

  7. Oct 14, 2022 · The oil blend known as West Texas Intermediate (WTI) was going for about $87 a barrel on Thursday. That's down from recent highs, but still far more than the price offered for every barrel of...

  8. Mar 7, 2024 · Canadian oil prices, benchmarked by Western Canada Select (WCS), have been depressed for many years due to pipeline shortages and refinery and transportation costs. The discount to West Texas Intermediate (WTI) has hovered between $1820 over the past several years to reflect these hurdles (Chart 4), but that spread should narrow as a result ...

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