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Oil company earnings underwhelm despite crude price flirting with US$85 a barrel. Oil prices rose this week as tightening supply conditions and ongoing tensions in the Middle East contributed to push prices higher.
May 24, 2024 · WCS oil price. Oil prices are measured in US dollars per barrel as reported by Western Canada Select (WCS), the price obtained for many Alberta producers of oil, and West Texas Intermediate (WTI), a world reference price usually quoted in the media.
Get updated data about energy and oil prices. Find natural gas, emissions, and crude oil price changes.
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.
Jan 11, 2024 · Alberta’s oil production rose above four million barrels a day for the first time in November as oil-sands companies ramped up output to prepare to fill the largest new export pipeline in more than a decade. Total production jumped by 336,822 barrels a day to 4.16 million barrels a day, the highest in data stretching back to 2010, according ...
Base-price case WTI: The forecast average price is US$76.00/bbl in 2024, strengthening to US$77.00/bbl in 2025. The price is expected to increase to US$83.63 in 2033. Low-price case WTI: The forecast is US$46.47/bbl in 2024 and projected to be US$46.45/bbl in 2033.
1 day ago · June 27, 2024 at 8:18 AM PDT. Listen. 2:30. Canada’s newest oil pipeline has turbo-charged exports of the country’s heavy crude to Asia and a diversion through California is making for a ...
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