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     Why oil prices have plunged 3% today

     Speculation has mounted over what the world's largest oil exporter may do. Even as Saudi Arabia and other OPEC+ members have progressively cut oil output to prop up global pricing, waning demand pushed crude to its lowest level since 2021 earlier this month.

     Yahoo Finance

     3 days ago

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     Yahoo Finance Canada on MSN.com

     Gas prices in Canada snap six-week stretch of declines

     1 week ago

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     The Financial Express

     Sliding oil prices

     2 weeks ago

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     sharecafe

     Oil prices plunge amid weakening global demand

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2. natural-resources.canada.ca › our-naturalSelected Crude Oil Prices December 2021 (Canadian dollars per ...

   natural-resources.canada.ca › our-natural

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   Selected Crude Oil Prices December 2021 (Canadian dollars per cubic metre) Note: Prices are not reported on weekends and American statutory holidays. Did you find what you were looking for?

3. natural-resources.canada.ca › our-naturalSelected Crude Oil Price Daily March 2021 (Canadian dollars ...

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   Mar 1, 2021 · Brent: Brent is the main benchmark price for light sweet crude in international markets and specifies delivery at Sullom Voe terminal, United Kingdom. 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 ...

4. wowa.ca › oil-price-CanadaCanadian Oil Price (Western Canadian Select) | WOWA.ca

   wowa.ca › oil-price-Canada

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   Western Canadian Select (WCS) is the most important oil price index in Western Canada. The price received by Canadian oil producers is often based on WCS. Limited transportation infrastructure causes a large discount in WCS in relation to West Texas Intermediate (WTI).

5. natural-resources.canada.ca › our-naturalSelected Crude Oil Prices September 2021 (Canadian dollars ...

   natural-resources.canada.ca › our-natural

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   Selected Crude Oil Prices September 2021 (Canadian dollars per cubic metre) Note: Prices are not reported on weekends and American statutory holidays. Did you find what you were looking for? Date modified: 2021-10-20. Date Exchange Rate.

6. oilprice.com › oil-price-chartsOil Price Charts | Oilprice.com

   oilprice.com › oil-price-charts

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   Oil Price Charts. Oilprice.com, in cooperation with its partners, offers over 150 crude oil blends and indexes from all around the world, providing users with oil price charts, comparison...

   International Prices	Last	Change	% Change
   Das	70.71	-3.37	-4.55% (10 Hours Delay)
   Umm Lulu	71.76	-3.37	-4.49% (10 Hours Delay)
   Upper Zakum	71.51	-3.26	-4.36% (10 Hours Delay)
   Marine	75.08	-2.22	-2.87% (2 months Delay)

   See full list on oilprice.com

7. www.aer.ca › crude-oil-pricesCrude Oil Prices - Alberta Energy Regulator

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   Base-price case WTI: The forecast average price is US$76.00/bbl in 2024, strengthening to US$77.00/bbl in 2025. The price is expected to increase to US$83.63 in 2033. Low-price case WTI: The forecast is US$46.47/bbl in 2024 and projected to be US$46.45/bbl in 2033.

8. People also ask

   Why is oil price important for Canadian investors?

   • Oil price is significant for Canadian investors. Some investors use Canadian ETFs to speculate on oil prices. For example, HUC-Horizons Crude Oil ETF replicates the crude oil price performance. More importantly, a substantial portion of the S&P/TSX Composite index is composed of Canadian oil stocks.

   Canadian Oil Price (Western Canadian Select) | WOWA.ca

   wowa.ca/oil-price-Canada

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   Will global crude oil demand decline in 2024?

   • Despite advances in environmental policies, there is still uncertainty about the timing of a decline in global crude oil demand. WTI: Base-price case WTI: The forecast average price is US$76.00/bbl in 2024, strengthening to US$77.00/bbl in 2025. The price is expected to increase to US$83.63 in 2033.

   Crude Oil Prices | Alberta Energy Regulator

   www.aer.ca/providing-information/data-and-reports/statistical-reports/st98/prices-and-capital-expenditure/crude-oil-prices

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   What happened to Brent crude oil in 2022?

   • Brent crude oil opened the year of 2020 amidst an uptrend that began in November 2020 from $38.84 per barrel and continued the rally to $68.72 per barrel until early March 2021. Since the 2022 year opening price of $78.09 per barrel, today’s Brent crude oil price is down 9.60%. WTI crude oil is down 2.25% compared to it’s previous trading day.

   Today’s Oil Price: Brent Crude & WTI Oil Prices Today

   commodity.com/energy/oil/price/

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   Why are Canadian oil prices based on WCS?

   • The price received by Canadian oil producers is often based on WCS. Limited transportation infrastructure causes a large discount in WCS in relation to West Texas Intermediate (WTI). WTI is North America's most important oil price index. Most oil trade in North America is priced based on WTI. WCS is among the cheapest crude oils in the world.

   Canadian Oil Price (Western Canadian Select) | WOWA.ca

   wowa.ca/oil-price-Canada

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9. commodity.com › energy › oilToday’s Oil Price: Brent Crude & WTI Oil Prices Today

   commodity.com › energy › oil

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   23 hours ago · Today’s WTI crude oil spot price of $ 68.64 per barrel is down 2.95% compared to one week ago at $ 70.73 per barrel. WTI crude oil also opened 2021 with an uptrend at $48.27 per barrel. WTI crude had a series of rallies and tumbles to reach a year-high price of $84.06 per barrel in late October 2021.