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1. www.macrotrends.net › 1369Crude Oil Prices - 70 Year Historical Chart | MacroTrends

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   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 basis with today's latest value.

   • 10 Year Daily Chart

     WTI Crude Oil Prices - 10 Year Daily Chart. Interactive...

   • Crude Oil vs Gasoline Prices

     This interactive chart compares the monthly price...

   • Saudi Arabia Crude Oil Production

     Interactive chart showing the monthly level of Saudi Arabia...

   • Crude Oil Prices Today - Live Chart

     Crude Oil Prices Today - Live Chart. Live interactive chart...

   • Oil Prices vs Natural Gas

     Crude Oil vs Natural Gas - 10 Year Daily Chart This...

2. www.cer-rec.gc.ca › en › data-analysisMarket Snapshot: Historical Trends in Canadian Oil and Gas ...

   www.cer-rec.gc.ca › en › data-analysis

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   Nov 23, 2022 · By 2020, with annual average WTI 4 prices at US$40 per barrel, Canadian oil and gas investment fell to $24 billion, a level not seen since 2002. Investment in 2020 was down more than two-thirds from 2014’s peak, when WTI prices averaged US$90 per barrel.

3. advisor.visualcapitalist.com › historical-oil-pricesVisualizing Historical Oil Prices (1968-2022) - Advisor Channel

   advisor.visualcapitalist.com › historical-oil-prices

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   May 4, 2022 · The real price of oil reached a seven year high amid the Russia-Ukraine war. How have other major events impacted historical oil prices?

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4. www.cbc.ca › news › businessOil prices are rising, but Canada is getting comparatively ...

   www.cbc.ca › news › business

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   Jun 8, 2022 · Oil prices around the world have risen to their highest levels in years, but Canadian oilsands producers are seeing comparatively less for every barrel because of imbalances in supply and...

5. www150.statcan.gc.ca › n1 › pubThe oil and gas sector in Canada: A year after the start of ...

   www150.statcan.gc.ca › n1 › pub

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   • Crude oil price. The price of crude oil is the most important factor that drives production and investment in the oil and gas extraction sector. Chart 1 presents movements in two of the most relevant crude oil prices for Canada, the WTI and the Western Canadian Select (WCS) from January 2019 to February 2021.
   • Production and employment. Chart 2 presents monthly production and employment in the oil and gas extraction industry and in all industries as a whole from January 2019 to April 2021.
   • Crude oil and merchandise exports. The global value chain and, therefore, merchandise exports have been greatly affected by the pandemic because of declining demand.
   • Capital expenditures. Capital expenditures in oil and gas extraction are highly related to crude oil price. Lower oil prices will drive down the profit level of oil and gas extraction and ultimately discourage investment in the industry, and this will affect its production capacity in the long term.

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

   wowa.ca › oil-price-Canada

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   This page introduces the oil price indices West Texas Intermediate (WTI) and Western Canadian Select (WCS). These are both important oil price benchmarks.

7. People also ask

   How important is the price of crude oil?

   • The price of crude oil is the most important factor that drives production and investment in the oil and gas extraction sector. Chart 1 presents movements in two of the most relevant crude oil prices for Canada, the WTI and the Western Canadian Select (WCS) Note from January 2019 to February 2021.

   The oil and gas sector in Canada: A year after the start of the pandemic

   www150.statcan.gc.ca/n1/pub/36-28-0001/2021007/article/00003-eng.htm

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   How did crude oil prices change in Canada?

   • Chart 1 presents movements in two of the most relevant crude oil prices for Canada, the WTI and the Western Canadian Select (WCS) Note from January 2019 to February 2021. As shown, both oil prices declined sharply from January to April 2020 and then recovered quickly in next two months.

   The oil and gas sector in Canada: A year after the start of the pandemic

   www150.statcan.gc.ca/n1/pub/36-28-0001/2021007/article/00003-eng.htm

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   Why did Canadian Oil & Gas Investment go down in 2008?

   • With rising prices, Canadian oil and gas investment levels hit a then-high of $50 billion in 2008. The sector made up 18% of total industrial investment in Canada that year. i By 2009, the economic slowdown caused by the Global Financial Crisis 2 led to lower oil and gas demand, declining prices, and a rapid drop in Canadian oil and gas investment.

   Market Snapshot: Historical Trends in Canadian Oil and Gas Investment

   www.cer-rec.gc.ca/en/data-analysis/energy-markets/market-snapshots/2022/market-snapshot-historical-trends-canadian-oil-gas-investment.html

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   Does Canadian oil and gas investment follow oil prices?

   • While Canadian oil and gas investment followed both oil and natural gas prices up to 2008, it has since followed oil prices more closely. This is because of increased investing in Canadian oil sands, tight oil, and wet gas, 7 all of which follow oil prices.

   Market Snapshot: Historical Trends in Canadian Oil and Gas Investment

   www.cer-rec.gc.ca/en/data-analysis/energy-markets/market-snapshots/2022/market-snapshot-historical-trends-canadian-oil-gas-investment.html

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   What happened to Canadian oil & gas investment in 2020?

   • By 2020, with annual average WTI 4 prices at US$40 per barrel, Canadian oil and gas investment fell to $24 billion, a level not seen since 2002. Investment in 2020 was down more than two-thirds from 2014’s peak, when WTI prices averaged US$90 per barrel.

   Market Snapshot: Historical Trends in Canadian Oil and Gas Investment

   www.cer-rec.gc.ca/en/data-analysis/energy-markets/market-snapshots/2022/market-snapshot-historical-trends-canadian-oil-gas-investment.html

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   What happened to Canadian oil & gas investment in 2014?

   • By mid-2014, Canadian oil and gas investments reached a new high of over $80 billion, with the sector’s share of total industrial investment also peaking that year at 24%. By late 2014 to early 2015, however, crude oil prices – and Canadian oil and gas investment – fell rapidly.

   Market Snapshot: Historical Trends in Canadian Oil and Gas Investment

   www.cer-rec.gc.ca/en/data-analysis/energy-markets/market-snapshots/2022/market-snapshot-historical-trends-canadian-oil-gas-investment.html

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8. www.cbc.ca › news › businessOil price war will last months, experts say, adding 'pain' to ...

   www.cbc.ca › news › business

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   Mar 23, 2020 · In the two weeks since an oil price war broke out between Russia and Saudi Arabia, crude prices have plunged to their lowest levels in years, hammering Canada's oilpatch all the way down.