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      • A barrel of the North American oil benchmark is changing hands for about $90 US a barrel right now, but the heavy crude that comes from Canada's oilsands is fetching $30 less because of a perfect storm of imbalances between supply and demand. The oil blend known as West Texas Intermediate (WTI) was going for about $87 a barrel on Thursday.
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  2. Oil is often traded in US dollars, and for historical reasons, its price is quoted per barrel (bbl). Each barrel is 159 litres. The effect of oil prices goes far beyond oil stocks; changes in oil prices are often an important component of the inflation rate.

  3. 67.61. -0.56. -0.82%. (1 week Delay) (7 Days Delay) Western Canadian Select. 64.71. -1.32. -2.00%.

  4. Jun 8, 2022 · Business · Analysis. Oil prices are rising, but Canada is getting comparatively less for every barrel — here's why. Gap between benchmark oil price and cost for oilsands blend is...

  5. Oct 14, 2022 · Business · Analysis. Price gap on heavy Canadian oil tops $30 per barrel, widest spread since 2018. Oil is going for $90 US a barrel right now. So why is Canadian oilsands crude going...

  6. 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 Canadas daily noon exchange rate and applying a volumetric ratio (6.29:1) to convert the price per barrel to a price per cubic metre.

  7. May 24, 2024 · Updated - May 24, 2024. WCS oil price. Oil prices are measured in US dollars per barrel as reported by Western Canada Select (WCS), the price obtained for many Alberta producers of oil, and West Texas Intermediate (WTI), a world reference price usually quoted in the media. On this page: Alberta API. Alberta Economic Dashboard.

  8. Canada Oil and Gas Markets. Latest oil and gas and market prices courtesy of BOE Report. All commodity prices are for front-month contracts in USD and update in real-time. Click on a symbol for a detailed quote. Scroll below to see stock quotes from oil and gas companies listed on the TSX and TSXV. Stock quotes are listed in CAD.

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