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Oct 6, 2021 · Crude oil prices are up nearly 63 per cent in 2021 while natural gas is 2.5 times higher. On Tuesday, the oil price rally continued after OPEC and its allies opted for a modest increase to ...
Jun 4, 2024 · Oil prices continued their slide on Tuesday on skepticism about an OPEC+ decision to boost supply later this year into a global market where demand has already shown signs of weakness.
This page introduces the oil price indices West Texas Intermediate (WTI) and Western Canadian Select (WCS). These are both important oil price benchmarks.
Nov 1, 2021 · Selected Crude Oil Prices November 2021 (Canadian dollars per cubic metre) Note: Prices are not reported on weekends and American statutory holidays. Did you find what you were looking for? Date modified: 2022-01-10. Date Exchange Rate WTI.
Mar 1, 2021 · Brent: Brent is the main benchmark price for light sweet crude in international markets and specifies delivery at Sullom Voe terminal, United Kingdom. Western Canadian Select: Western Canada Select (WCS) is the main benchmark price for Canadian heavy crude and specifies delivery at Hardisty, Alberta. Mixed Sweet Blend: Mixed Sweet Blend (MSW ...
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.
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What is the Canadian crude oil price benchmark?
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Canada’s exports of crude oil have been very strong as well particularly given the increased crude oil price. The Canadian crude oil price benchmark is the Western Canadian Select (WCS). In 2019 the WCS sold at an average discount of about $15 USD per barrel to the WTI.
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