Search results
Western Canadian Select (WCS) and West Texas Intermediate (WTI) Crude Prices. WCS is among the cheapest crude oils in the world. On average, WCS traded with a discount of US$17.2 relative to the WTI. In November 2018, WCS discount relative to WTI reached a record of US$46/bbl. This significant discount pushed the Alberta provincial government ...
Canada is one of the world's largest exporters of commodities, including crude oil. Crude oil exports account for 10% of Canada's GDP. 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 appreciates. CAD peaked out and reversed before oil prices did in 2008 and 2014.
Oil Price Charts. 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 ...
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.
Crude Oil Commentary - Friday, June 28. Oil prices are pushing higher today ahead of the keenly awaited US Core PCE reading for May. Yesterday, data showed that US jobless claims hit their highest level for more than two... Analysis • By Talkmarkets • 48 minutes ago
Investing.com - Oil prices rise again this Thursday. The WTI is trading at $74 and the Brent at $79. Experts are already analyzing what we can expect from this raw material in... By Investing.com. • Dec 21, 2023.
People also ask
What is the correlation between crude oil and CAD?
What is the correlation between oil prices and Canada's GDP?
How does CAD affect oil prices in Canada?
What happens when oil prices rise in Canada?
Why is oil price important for Canadian investors?
What is oilprice?
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