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1. www.bnnbloomberg.ca › oilOil - BNN Bloomberg

   www.bnnbloomberg.ca › oil

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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.

2. www.bloomberg.com › energyEnergy - Bloomberg

   www.bloomberg.com › energy

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   Get updated data about energy and oil prices. Find natural gas, emissions, and crude oil price changes.

3. www.bloomberg.com › quicktake › oil-pricesOil Prices - Bloomberg

   www.bloomberg.com › quicktake › oil-prices

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   Apr 8, 2015 · Today the international benchmark is Brent crude from the North Sea. The U.S. benchmark, West Texas Intermediate crude, which for years traded at a discount to Brent, has been close to parity in...

   • Video Duration: 6 min

4. www.bloomberg.com › news › articlesCrude Oil Prices Hold Two-Day Gain Amid Disruptions to ...

   www.bloomberg.com › news › articles

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   May 8, 2023 · Updated on. May 9, 2023 at 12:31 PM PDT. Oil extended its rally for a fourth day, reversing course midday to climb after the Biden administration announced plans to replenish strategic reserves...

5. www.bloomberg.com › news › articlesCanadian Oil Prices Collapse Even Amid Pipeline Abundance

   www.bloomberg.com › news › articles

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   Oct 12, 2022 · Canadian Cold Lake crude on the Gulf Coast traded at a record discount to WTI of $23 a barrel early on Wednesday before strengthening in the afternoon to $20.25 a barrel. The discount reached...

6. Videos

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     Canadian crude oil price falls to record low

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     The Day Oil Went Negative, These Unlikely Traders Made $660M

     May 11, 2021

     2.5M Views

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     1:20

     msn.com

     Crude Oil Prices Edge Up On Softer Dollar & Supply Cuts From Canada & OPEC+ Producers, Gold Recovers

     May 21, 2023

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7. www.bnnbloomberg.ca › trudeau-s-delayed-pipelineTrudeau's delayed pipeline is weighing on Canada oil prices

   www.bnnbloomberg.ca › trudeau-s-delayed-pipeline

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   Nov 2, 2023 · The delayed startup of a Canadian government-owned pipeline expansion project is weighing on the country’s heavy crude prices after producers ramped up output before the new capacity to export it has come online.

8. www.bloomberg.com › news › articlesCanada’s Trade Surplus Jumps to Highest Since 2008 on Oil ...

   www.bloomberg.com › news › articles

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   Jul 7, 2022 · Canada’s merchandise trade surplus widened to the largest in 14 years as the nation benefits from surging global prices for its crude oil.

9. People also ask

   Why is Canadian pipeline expansion weighing on crude prices?

   • (Bloomberg) -- The delayed startup of a Canadian government-owned pipeline expansion project is weighing on the country’s heavy crude prices after producers ramped up output before the new capacity to export it has come online.

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   www.bnnbloomberg.ca/trudeau-s-delayed-pipeline-is-weighing-on-canada-crude-prices-1.1993275

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   Why is Canadian crude oil so expensive?

   • High natural gas prices make refining heavy and high sulfur crude oil more expensive, according to Vortexa data. At the same time, Canadian crude on the coast is exposed to discounted Russian barrels. India has cut its imports of Canadian oil by almost half since May as the country takes more Russian crude.

   Canadian Oil Prices Collapse Even Amid Pipeline Abundance - Bloomber…

   www.bloomberg.com/news/articles/2022-10-12/canadian-oil-prices-collapse-even-amid-pipeline-abundance

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   What is the international benchmark for crude oil?

   • Today the international benchmark is Brent crude from the North Sea. The U.S. benchmark, West Texas Intermediate crude, which for years traded at a discount to Brent, has been close to parity in 2016. The U.S. repealed its 40-year-old ban on exporting crude in December 2015.

   Oil Prices - Bloomberg

   www.bloomberg.com/quicktake/oil-prices

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   Why are Canadian crude prices so low today?

   • Instead, today’s growing price discount is related to a broader set of issues that Canada has less control over, according to traders. Maintenance and emergency shutdowns of major US refineries in the Midwest, including BP Plc.’s Whiting and Toledo refineries, mean less Canadian crude can be processed in its biggest market.

   Canadian Oil Prices Collapse Even Amid Pipeline Abundance - Bloomber…

   www.bloomberg.com/news/articles/2022-10-12/canadian-oil-prices-collapse-even-amid-pipeline-abundance

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   Why did Canada's oil producers increase output this year?

   • Canada’s oil producers had increased output on expectations that the Trans Mountain pipeline expansion — which would triple the system’s export capacity — would be completed this year.

   BNN

   www.bnnbloomberg.ca/trudeau-s-delayed-pipeline-is-weighing-on-canada-crude-prices-1.1993275

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   Why has India cut its imports of Canadian oil?

   • India has cut its imports of Canadian oil by almost half since May as the country takes more Russian crude. Canadian Cold Lake crude on the Gulf Coast traded at a record discount to WTI of $23 a barrel early on Wednesday before strengthening in the afternoon to $20.25 a barrel.

   Canadian Oil Prices Collapse Even Amid Pipeline Abundance - Bloomber…

   www.bloomberg.com/news/articles/2022-10-12/canadian-oil-prices-collapse-even-amid-pipeline-abundance

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