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Spot price of Crude Oil is the current price at which Crude Oil can be bought or sold. It is the wholesale price that is quoted if you were a refiner wanting to buy Crude Oil today. The price is quoted per barrel. View Historical Gas Price Charts.
Mar 1, 2021 · Prices are based on daily closing prices posted on NYMEX in US dollars per barrel. Prices are converted to Canadian dollars per cubic metre using the Bank of Canada’s daily noon exchange rate and applying a volumetric ratio (6.29:1) to convert the price per barrel to a price per cubic metre.
This page introduces the oil price indices West Texas Intermediate (WTI) and Western Canadian Select (WCS). These are both important oil price benchmarks.
23 hours ago · What is the price of crude oil today? WTI futures traded at $82.44 per barrel, as of 9 a.m. ET. Year to date, WTI prices are up by 12.25%. Brent futures traded around $85.53/bbl, an increase of 0. ...
Get crude oil prices in realtime, including live charts for WTI, crude oil futures prices, historical data, news & analysis.
1 day ago · 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. WTI crude oil also opened 2021 with an uptrend at $48.27 per barrel. WTI crude had a series of rallies and tumbles to reach a year-high price of $84.06 per barrel in late October 2021.
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May 17, 2024 · How Crude Oil Prices are Determined. The price of oil is set in the global marketplace. Oil is traded globally and can move from one market to another easily by ship, pipeline, or barge. As a result, the supply/demand balance determines the price for crude oil around the world.
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