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1. • • 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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     Price gap on heavy Canadian oil tops $30 per barrel, widest ...

2. People also ask

   Why are oil prices so low in Canada?

   • Russian President Vladimir Putin's decision to invade Ukraine has wreaked havoc on oil prices around the world. (Andrey Rudakov/Bloomberg) Oil prices around the world have risen to their highest levels in years, but Canadian oilsands producers are seeing comparatively less for every barrel because of imbalances in supply and demand.

   Oil prices are rising, but Canada is getting comparatively less for

   www.cbc.ca/news/business/oil-prices-canada-1.6479046

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   Why are Canadian oil and gas prices so low in 2023?

   • Canadian oil and gas companies reaped record profits in 2022 as the war in Ukraine and global fears about energy security drove commodity prices sky-high in the spring of last year. But prices have been weighed down so far in 2023 by uncertainty over the stickiness of global inflation and the chance of a coming economic recession.

   Oil and gas: Prices headed back, experts in Canada say | CTV News

   www.ctvnews.ca/business/oil-could-be-headed-back-to-us-100-a-barrel-this-year-industry-experts-1.6342576

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   Will Canada's oil prices return to US$100 a barrel?

   • A surprise production cut by the Organization of Petroleum Exporting Countries and its allies (OPEC plus) is just one factor lifting the spirits of Canada's energy sector executives these days, as experts say crude prices could return to US$100 a barrel later this year.

   Oil and gas: Prices headed back, experts in Canada say | CTV News

   www.ctvnews.ca/business/oil-could-be-headed-back-to-us-100-a-barrel-this-year-industry-experts-1.6342576

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   Why did crude oil prices go down today?

   • Crude oil prices went down today after the Energy Information Administration reported an estimated inventory build of 800,000 barrels for the week to September 6 The oil market is concerned about potential oversupply in 2025 due to rising global oil production and slowing demand, particularly from China.

   Crude Oil Prices Today | OilPrice.com

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3. oilprice.comCrude Oil Prices Today | OilPrice.com

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   Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice.

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     Oilprice.com, in cooperation with its partners, offers over...

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     The current price of West Texas Intermediate (WTI) crude oil...

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     4 days WTI Houston Crude Prices Gain Prominence as U.S. Oil...

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     Crude Oil Weekly Recap: Key Events Driving Price Movements...

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     Crude prices are seeing a sharp rise today, with WTI trading...

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     The agreement marks the second time this year the FTC has...

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     We would like to show you a description here but the site...

4. financialpost.com › commodities › energyOil & Gas, News, Headlines and Stories - Financial Post

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   We cover breaking news and updates on Canada's oil and gas businesses, with stories on prices, stocks, product and trade developments.

5. www.cbc.ca › news › businessOil prices are rising, but Canada is getting comparatively ...

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   Jun 8, 2022 · Oil prices around the world have risen to their highest levels in years, but Canadian oilsands producers are seeing comparatively less for every barrel because of imbalances in supply and...

6. www.cbc.ca › news › businessPrice gap on heavy Canadian oil tops $30 per barrel, widest ...

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   Oct 14, 2022 · 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...

7. www.ctvnews.ca › business › oil-could-be-headed-backOil and gas: Prices headed back, experts in Canada say - CTV News

   www.ctvnews.ca › business › oil-could-be-headed-back

   Apr 4, 2023 · Canadian oil and gas companies reaped record profits in 2022 as the war in Ukraine and global fears about energy security drove commodity prices sky-high in the spring of last year.

8. globalnews.ca › opec-meeting-oil-prices-productionGas prices in Canada could rise further as OPEC+ sharply cuts ...

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   Oct 5, 2022 · Gasoline prices in Canada continue to creep higher ahead of the Thanksgiving long weekend – and further impact may be felt as a result of OPEC’s decision Wednesday.

9. www.theglobeandmail.com › investing › marketsCrude Oil WTI (NYMEX: CLX24) Quote - The Globe and Mail

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   Updated Price for Crude Oil WTI (NYMEX: CLX24). Charting, Price Performance, News & Related Contracts.