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1. • • A barrel of the North American oil benchmark is changing hands for about $90 US a barrel right now, but the heavy crude that comes from Canada's oilsands is fetching $30 less because of a perfect storm of imbalances between supply and demand. The oil blend known as West Texas Intermediate (WTI) was going for about $87 a barrel on Thursday.
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     Price gap on heavy Canadian oil tops $30 per barrel, widest ...

2. People also ask

   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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   Why are Canadian oil prices going up?

   • That means demand is waning, which is a general sign the economy is slowing — which means oil prices will face an uphill climb even under ideal circumstances. "The good news here is that this doesn't appear to be related to insufficient pipeline capacity for Canadian oil.

   Price gap on heavy Canadian oil tops $30 per barrel, widest spread

   www.cbc.ca/news/business/oil-price-canada-1.6613584

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   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 March 2021 (Canadian dollars per cubic

   natural-resources.canada.ca/our-natural-resources/energy-sources-distribution/fossil-fuels/crude-oil/oil-pricing/selected-crude-oil-price-daily-march-2021-canadian-dollars-cubic-metre/23702

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   How much is a barrel of oil worth?

   • (Richard Carson/Reuters) A barrel of the North American oil benchmark is changing hands for about $90 US a barrel right now, but the heavy crude that comes from Canada's oilsands is fetching $30 less because of a perfect storm of imbalances between supply and demand.

   Price gap on heavy Canadian oil tops $30 per barrel, widest spread

   www.cbc.ca/news/business/oil-price-canada-1.6613584

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3. 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.

   • Selected Crude Oil Prices November 2021 (Canadian dollars per ...

     Selected Crude Oil Prices November 2021 (Canadian dollars...

   • Selected Daily Crude Oil Prices July 2021 (Canadian dollars ...

     Selected Daily Crude Oil Prices July 2021 (Canadian dollars...

4. www.exchangerates.org.uk › commodities › live-oilLive Crude Oil Price in Canadian Dollars | OIL CAD | Live ...

   www.exchangerates.org.uk › commodities › live-oil

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   5 days ago · Live Crude Oil Price in Canadian Dollars Today. 1 OIL. 112.75 CAD. 2 OIL. 225.51 CAD. 5 OIL. 563.76 CAD. 10 OIL. 1127.53 CAD.

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5. natural-resources.canada.ca › our-naturalSelected Crude Oil Prices November 2021 (Canadian dollars per ...

   natural-resources.canada.ca › our-natural

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   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.

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

   wowa.ca › oil-price-Canada

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   Western Canadian Select (WCS) is a specific crude oil product used as a benchmark for most Western Canadian crude oil blends. WCS is a heavy sour blend of bitumen blended with synthetic sweet crude and condensate.

7. natural-resources.canada.ca › our-naturalSelected Daily Crude Oil Prices July 2021 (Canadian dollars ...

   natural-resources.canada.ca › our-natural

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   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.

8. ca.investing.com › commodities › crude-oilCrude Oil Price | WTI Price Chart - Investing.com Canada

   ca.investing.com › commodities › crude-oil

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   Get crude oil prices in realtime, including live charts for WTI, crude oil futures prices, historical data, news & analysis.

9. www.cbc.ca › news › businessPrice gap on heavy Canadian oil tops $30 per barrel, widest ...

   www.cbc.ca › news › business

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   Oct 14, 2022 · A barrel of the North American oil benchmark is changing hands for about $90 US a barrel right now, but the heavy crude that comes from Canada's oilsands is fetching $30 less because of a...