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

   www.bnnbloomberg.ca › oil

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   Oil prices saw further gains this week as tensions in the Middle East escalated, propelling WTI crude to around US$87 a barrel, while the global benchmark, Brent, approached US$91, nearing its highest level since October. Commodities. 7:45.

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.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 · Heavy Western Canadian Select crude’s discount to West Texas Intermediate grew US$2.25 to US$27.30 a barrel on Thursday, the widest since Dec. 30, data compiled by Bloomberg show. Canada’s oil producers had increased output on expectations that the Trans Mountain pipeline expansion — which would triple the system’s export capacity ...

4. www.bnnbloomberg.ca › oil-price-news-oil-dipsOil price news: Oil declines within its ... - BNN Bloomberg

   www.bnnbloomberg.ca › oil-price-news-oil-dips

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   Feb 22, 2024 · Brent slid below US$83 a barrel and the global benchmark has traded in a $2.30 band this week, the narrowest since early 2021. Timespreads are indicating a more robust market, and US crude inventories expanded less than forecast, but many analysts still expect a surplus this year.

5. www.bnnbloomberg.ca › trudeau-faces-daunting-pathTrudeau Faces Daunting Path to Sale of Canada’s $26 Billion ...

   www.bnnbloomberg.ca › trudeau-faces-daunting-path

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   Feb 2, 2024 · Feb 2, 2024. Trudeau Faces Daunting Path to Sale of Canada’s $26 Billion Oil Pipeline. Brian Platt, Robert Tuttle and Geoffrey Morgan, Bloomberg News. Storage tanks and trucks at the Imperial refinery in Edmonton, Alberta. Canadian oil producers expect to garner better prices for their crude when the expanded Trans Mountain expansion starts up.

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

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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 $25...

7. People also ask

   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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   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 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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8. www.bnnbloomberg.ca › oil-price-news-oil-risesOil price news: Oil, locked in rangebound ... - BNN Bloomberg

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   Jan 16, 2024 · Jan 16, 2024. Oil price news: Oil, locked in rangebound trading, shrugs off Red Sea risks. Yongchang Chin and Kateryna Kadabashy, Bloomberg News. Now Showing. 4:41. Fear versus excess supply: Commodity manager says big oil swings ... Up Next. 6:54. Energy transition clouding need for longer-term oil investment: h... 10:06.