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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.
Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice.
The average annual price of WCS in 2023 was US$58.97 per barrel (bbl), a decrease of 22% from 2022. In the base-case, the WCS price is forecast to rise to US$61.50/bbl in 2024, increasing to US$64.00/bbl in 2025 and reaching US$70.63/bbl by 2033.
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.
1 day ago · Since the 2022 year opening price of $78.09 per barrel, today’s Brent crude oil price is up 8.61%. WTI crude oil is down 0.39% compared to it’s previous trading day. Today’s WTI crude oil spot price of $81.81 per barrel is up 1.05% compared to one week ago at $ 80.96 per barrel.
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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.
