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The base forecast for both oil and gas is based on NYMEX futures in US dollars. Crude oil and natural gas forecasts are based on yearly variable factors, weighted to a higher percent for the current data and then reflect a higher percent to prior year historical data for the later years.
Condensate, propane, and butane are tied directly to light oil prices at Edmonton and are forecast based on historical trends. Similarly, ethane is tied to AECO-C gas prices.
Mar 25, 2019 · The current price of heating oil in Canada is CAD 1.51 per liter or USD 1.10 per liter. The latest update was on 01-Jul-2024. We show heating oil price data for Canada from 2019-03-25 to 2024-07-01.
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 widest...
Energy costs are stretching price elasticity and energy af ordability. As the winter months creep ever closer into the foreground, so do the pressing concerns around energy security and costs, with many forecasts pointing to a dark and cold winter for many countries.
Aug 5, 2019 · Canadian producers and Canadian oil prices now appear more positive than they used to be at the start of the year, but the oil patch continues to believe that the long-term solution to...
People also ask
How much does heating oil cost in Canada?
Is Canadian oil cheaper than US oil?
Why are oil prices so low in Canada?
How are oil and gas forecasts based?
Spot price of Heating Oil is the current price at which Heating Oil can be bought or sold. It is the wholesale price that is quoted if you wanted to buy Heating Oil in New York today. The price is quoted per US Gallon.
