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Jun 8, 2022 · Analysis. 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...
Nov 11, 2021 · The good news: This (finally) isn’t a pipeline or Canada-specific problem. Moreover, quality differential widening has much less room to run compared to almost-ceilingless transportation-related discounting. The bad news: there’s nothing really to be done about the widening from a Canadian industry perspective and it seems to mark the end ...
In this CEC Fact Sheet, we examine key metrics associated with the addition of new export pipeline capacity, including how this impacts market access, the oil price discount, global oil demand, and the accrual of benefits to the Canadian economy.
Oct 14, 2022 · Economy. Price gap on heavy Canadian oil tops $30 per barrel, widest spread since 2018. Pipeline bottlenecks are typically to blame any time Canadian oil producers have a hard time getting their product to market. But that's not the reason this time around. Photo: The Canadian Press / Larry MacDougal. RCI. Posted: October 14, 2022 2:40 PM.
Oct 19, 2023 · Canadian oil prices have ranged between US$10 and US$28 lower than WTI this year. One advantage of Canada’s energy sector is that producers don’t need high oil prices to be sustainable. Morgan Stanley analysis suggests that Canadian oil companies can maintain capital expenditures, meet dividend payments and net zero emission targets, and ...
Apr 4, 2023 · TORONTO - 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...
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Nov 20, 2018 · Alberta NDP MP Rachel Notley warned that the price gap between Canadian and international oil poses a “real and present danger to the Canadian economy.”
