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  1. Mar 1, 2021 · Synthetic Crude Oil (SCO): Synthetic crude oil is a light crude oil that is produced by upgrading bitumen. The contract for synthetic crude oil specifies delivery at Edmonton, Alberta. Implied Bitumen Price: The implied bitumen price is derived from the price of Western Canadian Select (WCS), which is assumed to have a blend composition of 30% ...

  2. Western Canadian Select (WCS) and West Texas Intermediate (WTI) Crude Prices. WCS is among the cheapest crude oils in the world. On average, WCS traded with a discount of US$17.2 relative to the WTI. In November 2018, WCS discount relative to WTI reached a record of US$46/bbl. This significant discount pushed the Alberta provincial government ...

  3. Date Exchange Rate. Selected Crude Oil Prices September 2021 (Canadian dollars per cubic metre)

  4. Selected Crude Oil Prices December 2021 (Canadian dollars per cubic metre) ... Mixed Sweet Blend Edmonton Synthetic Edmonton Western Canada Select Hardisty Implied ...

  5. High-price case WCS: The forecast is US$111.51/bbl in 2024 and projected to be US$143.83/bbl in 2033. Price differentials: In 2023, the WTI-WCS price differential averaged US$18.65/bbl. Figure S1.1 shows price differential for WCS relative to WTI. ST98 - Three cases for crude oil prices are presented in this section. the base-price case, the ...

  6. Mar 30, 2022 · Canada did not import crude oil from the Russian Federation in 2020 or 2021. Over the past decade, imports of crude oil from the Russian Federation have been relatively low, reaching a ten-year high of about 18 000 b/d in 2019. This represented only 3% of Canada’s total crude oil imports that year and 1% of Canada’s total crude oil demand.

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  8. Jul 2, 2021 · A year ago, in April 2020, the average gasoline price in the country had plunged to 76 cents, he said. Earlier this week, the average Canadian gasoline price was around $1.36 per litre, according ...

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