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1. www.ontario.ca › page › motor-fuel-pricesMotor fuel prices - Ontario.ca

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   costs to buy and refine crude oil into gasoline and diesel; and a profit for the supplier Retailers then add a markup to the wholesale price, plus taxes, including the federal carbon tax, to determine the price you pay at the pump.

2. www.ontario.ca › page › ontario-energy-snapshotOntario energy snapshot

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   May 29, 2023 · The province’s gasoline and diesel prices are impacted by world crude oil prices, local retail competition, and North American wholesale benchmarks — such as the: New York Harbor market price for Toronto; Edmonton market price for Thunder Bay

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

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   Western Canadian Select (WCS) is a specific crude oil product used as a benchmark for most Western Canadian crude oil blends. WCS is a heavy sour blend of bitumen blended with synthetic sweet crude and condensate.

4. natural-resources.canada.ca › our-naturalTransportation fuel prices - Canada

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   Dec 20, 2023 · Transportation fuel prices. We're here to help you get clear, transparent and timely information on fuel prices, oil and gasoline markets and ways to manage energy costs.

5. natural-resources.canada.ca › our-naturalSelected Crude Oil Prices March 2022 (Canadian dollars per ...

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   Mar 1, 2022 · Date Exchange Rate WTI Cushing Brent Sullom Voe, UK Mixed Sweet Blend Edmonton Synthetic Edmonton Western Canada Select Hardisty Implied Bitumen Hardisty; 3/1/2022

6. natural-resources.canada.ca › oil-pricing › 18087Oil Pricing - Canada

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   Sep 13, 2024 · How Crude Oil Prices are Determined. The price of oil is set in the global marketplace. Oil is traded globally and can move from one market to another easily by ship, pipeline, or barge. As a result, the supply/demand balance determines the price for crude oil around the world.

7. People also ask

   What determines the price of crude oil around the world?

   • As a result, the supply/demand balance determines the price for crude oil around the world. Prices vary globally to reflect the cost of transporting crude oil to that market and the quality differences between the various types of oil. In the spot market, oil is bought and sold for cash and delivered immediately.

   Oil Pricing - natural-resources.canada.ca

   natural-resources.canada.ca/our-natural-resources/energy-sources-distribution/fossil-fuels/crude-oil/oil-pricing/18087

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   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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   How does supply and demand affect crude oil prices?

   • Oil is traded globally and can move from one market to another easily by ship, pipeline, or barge. As a result, the supply/demand balance determines the price for crude oil around the world. Prices vary globally to reflect the cost of transporting crude oil to that market and the quality differences between the various types of oil.

   Oil Pricing - natural-resources.canada.ca

   natural-resources.canada.ca/our-natural-resources/energy-sources-distribution/fossil-fuels/crude-oil/oil-pricing/18087

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   How do futures market prices affect oil prices?

   • Media most often quotes the futures market price in the nearest month as representative of the current price of oil. The current spot price for oil is influenced by the futures market price because the futures price represents the market's collective view, at a given point in time, of where prices may be headed. 2015 2014

   Oil Pricing - natural-resources.canada.ca

   natural-resources.canada.ca/our-natural-resources/energy-sources-distribution/fossil-fuels/crude-oil/oil-pricing/18087

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8. 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.