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This page introduces the oil price indices West Texas Intermediate (WTI) and Western Canadian Select (WCS). These are both important oil price benchmarks.
Oilprice.com, in cooperation with its partners, offers over 150 crude oil blends and indexes from all around the world, providing users with oil price charts, comparison tools and smart...
Mar 1, 2021 · Prices are based on daily closing prices posted on NYMEX in US dollars per barrel. Prices are converted to Canadian dollars per cubic metre using the Bank of Canada’s daily noon exchange rate and applying a volumetric ratio (6.29:1) to convert the price per barrel to a price per cubic metre.
Jan 10, 2022 · Selected Crude Oil Prices October 2021 (Canadian dollars per cubic metre) Note: Prices are not reported on weekends and American statutory holidays.
Sep 1, 2021 · Selected Crude Oil Prices September 2021 (Canadian dollars per cubic metre) Note: Prices are not reported on weekends and American statutory holidays.
Find statistics on crude oil refinery runs, crude by rail, estimated production and more. We also publish commodity-specific market and resource assessments. The Canada Energy Regulator regulates the export of crude oil and petroleum products from Canada.
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How is a barrel price converted to Canadian dollars?
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What is the correlation between crude oil and CAD?
USD/CAD and the oil price have a positive correlation. (The y-axis to USD/CAD is reversed.) When oil prices rise, the Canadian dollar . CAD peaked out and reversed before oil prices did in 2008 and 2014. Canada is one of the world's largest exporters of commodities, including crude oil.
