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May 24, 2024 · Updated - May 24, 2024. WCS oil price. Oil prices are measured in US dollars per barrel as reported by Western Canada Select (WCS), the price obtained for many Alberta producers of oil, and West Texas Intermediate (WTI), a world reference price usually quoted in the media. On this page: Alberta API. Alberta Economic Dashboard.
The high-price case forecast for WCS is US$111.51/bbl in 2024 and projected to be US$143.83/bbl in 2033. The WCS price is expected to follow the WTI trend but remains lower due to quality differences and transportation costs.
It is important to consider the following information when discussing the price of crude oil in Alberta. West Texas Intermediate (WTI) West Texas Intermediate is the benchmark price of oil in North America. Its price changes reflect the supply-and-demand balance and transportation constraints for light, sweet oil in North America.
To view the current par price, click on the latest month: 2024. Table 1. Par prices
3 days ago · Argus Americas Crude. Monthly price forecasts for key crude grades, regional benchmarks and refined oil products up to 24 months out. Data, insight and unique tools to manage freight risks in crude oil, refined products and biofuels. Vital intelligence on oil market fundamentals and global trading.
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