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Oil is often traded in US dollars, and for historical reasons, its price is quoted per barrel (bbl). Each barrel is 159 litres. The effect of oil prices goes far beyond oil stocks; changes in oil prices are often an important component of the inflation rate .
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.
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...
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.
Selected Daily Crude Oil Prices July 2021 (Canadian dollars per cubic metre) Note: Prices are not reported on weekends and American statutory holidays. Report a problem on this page. Date modified: 2021-08-12. Date Exchange Rate.
Jun 21, 2024 · Get access to our self-serve database of oil and gas prices, Cdn/US energy statistics and operating metrics for key oil sands facilities.
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WTI: The West Texas Intermediate (WTI) price decreased by 18%, averaging US$77.62 per barrel (bbl) in 2023. The decrease was due to rising global inventories and concerns about the slow growth of global oil demand. WCS: The Western Canadian Select (WCS) price decreased by 22%, averaging US$58.97/bbl.
