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1. wowa.ca › oil-price-CanadaCanadian Oil Price (Western Canadian Select) | WOWA.ca

   wowa.ca › oil-price-Canada

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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.

2. oilprice.com › oil-price-charts › 257Western Canadian Select Oil Price Charts | Oilprice.com

   oilprice.com › oil-price-charts › 257

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   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...

3. natural-resources.canada.ca › our-naturalSelected Crude Oil Price Daily January (Canadian dollars per ...

   natural-resources.canada.ca › our-natural

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   Nov 8, 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.

4. natural-resources.canada.ca › our-naturalSelected Crude Oil Price Daily March 2021 (Canadian dollars ...

   natural-resources.canada.ca › our-natural

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   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.

5. oilprice.comCrude Oil Prices Today | OilPrice.com

   oilprice.com

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   Crude oil prices & gas price charts. Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice.

6. boereport.com › marketsCanada Oil and Gas Markets | BOE Report

   boereport.com › markets

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   Latest oil and gas and market prices courtesy of BOE Report. Including the most up-to-date heavy and light oil prices from Alberta and Canadian market indices.

7. People also ask

   How is a barrel price converted to Canadian dollars?

   • 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. NYMEX: The New York Mercantile Exchange (NYMEX), the world's largest physical commodity futures exchange.

   Selected Crude Oil Price Daily January (Canadian dollars per cubic metre)

   natural-resources.canada.ca/our-natural-resources/energy-sources-distribution/fossil-fuels/crude-oil/oil-pricing/selected-crude-oil-price-daily-january-canadian-dollars-cubic-metre/23354

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   How are barrel prices calculated?

   • 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.

   Selected Crude Oil Price Daily January (Canadian dollars per cubic metre)

   natural-resources.canada.ca/our-natural-resources/energy-sources-distribution/fossil-fuels/crude-oil/oil-pricing/selected-crude-oil-price-daily-january-canadian-dollars-cubic-metre/23354

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   What is oilprice?

   • 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 analytical features.

   Western Canadian Select Oil Price Charts | Oilprice.com

   oilprice.com/oil-price-charts/257

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   Why is oil price important for Canadian investors?

   • Oil price is significant for Canadian investors. Some investors use Canadian ETFs to speculate on oil prices. For example, HUC-Horizons Crude Oil ETF replicates the crude oil price performance. More importantly, a substantial portion of the S&P/TSX Composite index is composed of Canadian oil stocks.

   Canadian Oil Price (Western Canadian Select) | WOWA.ca

   wowa.ca/oil-price-Canada

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   What determines the price of crude oil around the world?

   • As a result, the supply/demand balance determines the price for crude oil around the world. Prices vary globally to reflect the cost of transporting crude oil to that market and the quality differences between the various types of oil. In the spot market, oil is bought and sold for cash and delivered immediately.

   Oil Pricing - natural-resources.canada.ca

   natural-resources.canada.ca/our-natural-resources/energy-sources-distribution/fossil-fuels/crude-oil/oil-pricing/18087

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   How does oil price affect inflation?

   • 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. Oil is composed chiefly of hydrocarbons.

   Canadian Oil Price (Western Canadian Select) | WOWA.ca

   wowa.ca/oil-price-Canada

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8. natural-resources.canada.ca › oil-pricing › 18087Oil Pricing - natural-resources.canada.ca

   natural-resources.canada.ca › oil-pricing › 18087

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   May 17, 2024 · How Crude Oil Prices are Determined. The price of oil is set in the global marketplace. Oil is traded globally and can move from one market to another easily by ship, pipeline, or barge. As a result, the supply/demand balance determines the price for crude oil around the world.