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The current price of WTI crude oil as of June 28, 2024 is $82.64 per barrel. Interactive charts of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel back to 1946. The price of oil shown is adjusted for inflation using the headline CPI and is shown by default on a logarithmic scale. The current month is updated on an hourly ...
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Canada is a participant in the global oil market in which buyers and sellers trade volumes, mostly based on short-term contracts. This interaction sets the world price of oil. Although Canada is the sixth largest producer in the world, it produces only about four per cent of total daily production, so it has little influence on the world price of o...
Petroleum Products Petroleum product pricing is primarily determined by crude oil pricing. The downstream petroleum sector is complex and highly competitive. Each petroleum product in each regional market reacts to a different set of supply/demand and transportation pressures and prices are set by both international and local market factors. As the...
Canada is a participant in the global market for crude oil. Over the past decade, the world oil market has become more volatile and prices have increased due mainly to higher costs of production, a...Crude oil input costs are the chief determinant of petroleum product prices. Over the past decade, higher and more volatile oil prices have resulted in Canadians facing higher prices for gasoline a...Natural gas markets in Canada and the United States operate as single integrated market. Events relating to weather, storage, transportation or infrastructure, however, have a direct impact on markets in many regions of North America. The price of North American natural gas consists of three components: the cost of the natural gas (known as the com...
While oil markets are global and natural gas markets are generally continental, electricity markets are regional. Electricity prices vary by province or territory, primarily according to the type of available generation and the market structure (i.e. market-based or cost-of-service regulation). In general, the provinces that have large amounts of h...
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...
Apr 13, 2022 · Oil Prices by Year: Average, High, Low, and Events . The following chart shows the nominal value for imported crude oil according to the U.S. Energy Information Administration. The first column shows the average annual price. It's followed by the monthly high and low oil prices for that year.
- Kimberly Amadeo
This page introduces the oil price indices West Texas Intermediate (WTI) and Western Canadian Select (WCS). These are both important oil price benchmarks.
May 26, 2024 · Access historical data for Crude Oil WTI Futures. You'll find the closing price, open, high, low, change and percentage change for the selected range of dates. The data is viewable in daily,...
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1. West Texas Intermediate (WTI); New York Mercantile Exchange (NYMEX). Source (s): Natural Resources Canada, crude oil prices. Date modified: 2014-12-04.
