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1. natural-resources.canada.ca › our-naturalSelected Crude Oil Prices January 2022 (Canadian dollars per ...

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   Jan 1, 2022 · Selected Crude Oil Prices January 2022 (Canadian dollars per cubic metre) Note: No prices are reported on weekends and American statutory holidays. Did you find what you were looking for? Date modified: 2022-02-18. Date Exchange Rate WTI Cushing Brent Sullom Voe, UK.

   • Oil Pricing

     Prices vary globally to reflect the cost of transporting...

2. www.eia.gov › todayinenergy › detailCrude oil prices increased in first-half 2022 and declined in ...

   www.eia.gov › todayinenergy › detail

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   Jan 4, 2023 · From June 8 through the remainder of 2022, crude oil prices generally decreased as concerns about a possible economic recession reduced demand. High petroleum prices were one cause of persistent broad-based inflation in 2022 that affected consumer budgets and gasoline demand.

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

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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.

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

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   Jun 8, 2022 · Why high oil prices aren't creating an economic boom in Canada. Typically that discount is about $10-$15 US a barrel, but recent events have pushed the gap to beyond $20. That's the...

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

   oilprice.com › oil-price-charts › 257

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   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...

6. www.iea.org › reports › oil-market-report-january-2022Oil Market Report - January 2022 – Analysis - IEA

   www.iea.org › reports › oil-market-report-january-2022

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   Jan 19, 2022 · Even so, world oil supply is forecast to grow sharply this year, with the United States, Canada and Brazil set to pump at their highest ever annual levels. US oil output is forecast to rise by 1 mb/d on average, to 17.7 mb/d, as operators respond to higher prices by putting more rigs to work.

7. People also ask

   How much did crude oil cost in 2022?

   • The Brent crude oil spot price averaged $100/b in 2022, and the WTI spot price averaged $95/b. In the first half of 2022, geopolitical tension with Russia, culminating with Russia’s full-scale invasion of Ukraine on February 24, contributed to crude oil price increases.

   Crude oil prices increased in first-half 2022 and declined in second

   www.eia.gov/todayinenergy/detail.php?id=55079

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   How much does Brent crude oil cost in 2022?

   • Data source: CME Group, Intercontinental Exchange, and Bloomberg L.P.Note: Retail prices are in nominal terms and are not adjusted for inflation. In the final trading day of 2022, the spot price of Brent crude oil, a global benchmark priced in Northwest Europe, closed at $85 per barrel (b), $7 higher than the price on January 3, 2022 ($78/b).

   Crude oil prices increased in first-half 2022 and declined in second

   www.eia.gov/todayinenergy/detail.php?id=55079

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   Why did crude oil prices decrease in 2022?

   • From June 8 through the remainder of 2022, crude oil prices generally decreased as concerns about a possible economic recession reduced demand. High petroleum prices were one cause of persistent broad-based inflation in 2022 that affected consumer budgets and gasoline demand.

   Crude oil prices increased in first-half 2022 and declined in second

   www.eia.gov/todayinenergy/detail.php?id=55079

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   Is Canadian oil cheaper than US oil?

   • A cup of heavy oil extracted from Canadian oilsands is shown. Canadian oilsands crude always trades at a discount to more prized U.S. blends, but that price gap has widened in recent weeks. (Reuters) But that's no longer the case.

   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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   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 did the Brent-WTI crude oil spread increase in 2022?

   • The Brent-WTI crude oil spread (the difference between the two prices) increased in 2022 relative to 2021 because European countries needed to replace crude oil supplies they were importing from Russia with crude oil from another source. European markets were also affected by a strong U.S. dollar that made imported crude oil more expensive.

   Crude oil prices increased in first-half 2022 and declined in second

   www.eia.gov/todayinenergy/detail.php?id=55079

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8. natural-resources.canada.ca › oil-pricing › 18087Oil Pricing - natural-resources.canada.ca

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   May 17, 2024 · Prices vary globally to reflect the cost of transporting crude oil to that market and the quality differences between the various types of oil. Spot Markets versus Futures Markets for Crude Oil In the spot market, oil is bought and sold for cash and delivered immediately.