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USD/CAD and the oil price have a positive correlation. (The y-axis to USD/CAD is reversed.) When oil prices rise, the Canadian dollar . CAD peaked out and reversed before oil prices did in 2008 and 2014. Canada is one of the world's largest exporters of commodities, including crude oil.
This page introduces the oil price indices West Texas Intermediate (WTI) and Western Canadian Select (WCS). These are both important oil price benchmarks.
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,...
Apr 25, 2019 · The following chart shows the price difference between WTI and Brent. Canada produces a high volume of oil and sells it near Brent Crude pricing. However, at the pump oil is paid for near...
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...
Mar 1, 2021 · Prices are based on daily closing prices posted on NYMEX in US dollars per barrel. Prices are converted to Canadian dollars per cubic metre using the Bank of Canada’s daily noon exchange rate and applying a volumetric ratio (6.29:1) to convert the price per barrel to a price per cubic metre.
Oct 1, 2023 · Selected Crude Oil Prices October 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?
