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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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   What is oilprice?

   • 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 and smart analytical features.

   Western Canadian Select Oil Price Charts | Oilprice.com

   oilprice.com/oil-price-charts/257

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   How much sour oil will be released a day in Canada?

   • Although it will happen slowly, at a pace of about 1 million barrels per day, the total planned release is more than 10 times what Canada's oilsands produce on a typical day, so a market flooded with that much sour crude is likely to drive down the price of Canadian products even more.

   Oil prices are rising, but Canada is getting comparatively less for

   www.cbc.ca/news/business/oil-prices-canada-1.6479046

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3. oilprice.com › oil-price-charts › 257Western Canadian Select Oil Price Charts | Oilprice.com

   oilprice.com › oil-price-charts › 257

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   67.61. -0.56. -0.82%. (1 week Delay) (7 Days Delay) Western Canadian Select. 64.71. -1.32. -2.00%.

   • Back to Oilprice.com

     Oil price charts for Brent Crude, WTI & oil futures. Energy...

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

   wowa.ca › oil-price-Canada

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   The effect of oil prices goes far beyond oil stocks; changes in oil prices are often an important component of the inflation rate. 2Y 5Y 10Y MAX Crude Oil Variety

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6. 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.

   Symbol	Exchange	Currency
   CL	Derived	USD
   WTCLc2	ICE	USD
   WTCLc5	ICE	USD
   WTCLc4	ICE	USD

   See full list on ca.investing.com

7. 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 are rising, but Canada is getting comparatively less for every barrel — here's why. Gap between benchmark oil price and cost for oilsands blend is widening. Pete Evans · CBC...

8. 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 · Oil is going for $90 US a barrel right now. So why is Canadian oilsands crude going for under $60? Pete Evans · CBC News · Posted: Oct 14, 2022 1:00 AM PDT | Last Updated: October 14, 2022...

9. 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 · Selected Crude Oil Price Daily March 2021 (Canadian dollars per cubic metre) Note: Prices are not reported on weekends and American statutory holidays. Explanatory Note for Crude Oil Prices. All prices are settlement prices, for delivery in the prompt month. Prices are based on daily closing prices posted on NYMEX in US dollars per barrel.