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1. www.youtube.com › watchOil prices under pressure: Here's what you need to know - YouTube

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   May 21, 2024 · Oil prices under pressure: Here's what you need to know. Helima Croft, RBC Capital Markets global head of commodity strategy, joins 'Squawk Box' to discuss what's going on in the oil sector,...

   • Video Duration: 4 min
   • Views: 9.6K

   • Author: CNBC Television

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

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   Jun 8, 2022 · Analysis. 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...

3. Videos

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     Canadian crude oil price falls to record low

     Nov 16, 2018

     40K Views

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     2:28

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     Human cost of falling oil prices in Canada

     Feb 17, 2016

     4.9K Views

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     1:55

     youtube.com

     Why the low prices for Canadian oil?

     Nov 28, 2018

     7.9K Views

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4. www.macrotrends.net › 1369Crude Oil Prices - 70 Year Historical Chart | MacroTrends

   www.macrotrends.net › 1369

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   The price of oil shown is adjusted for inflation using the headline CPI and is shown by default on a logarithmic scale. The current month is updated on an hourly basis with today's latest value. The current price of WTI crude oil as of June 28, 2024 is $82.35 per barrel.

5. www.cbc.ca › news › businessThe day oil was worth less than $0 — and nobody wanted it ...

   www.cbc.ca › news › business

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   Apr 21, 2020 · The markets have been excessively volatile since the pandemic began, but on Monday the truly unthinkable happened — oil prices turned negative.

6. www.cbc.ca › pei-olive-oil-prices-rising-1Rising olive oil prices have P.E.I. businesses and consumers ...

   www.cbc.ca › pei-olive-oil-prices-rising-1

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   Jun 17, 2024 · Here in Canada, the price has increased from an average of $6.62 per litre in March 2022 to $15.93 in March of this year, according to data from Statistics Canada. Olive oil prices surge after ...

7. www.cbc.ca › news › businessANALYSIS | From $0 to $120 in 2 years — and the price of oil ...

   www.cbc.ca › news › business

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   Jun 13, 2022 · The oilpatch is now in a period of record revenue and awash in cash after a punishing string of years during the last decade — a period that included stubbornly low prices, widespread layoffs...

8. People also ask

   Was a barrel of oil worthless two years ago?

   • (Kyle Bakx/CBC) With so much pain at the gas pumps these days and the extraordinary price of oil around the globe, it's almost unfathomable to think a barrel of crude was worthless two years ago. The price of oil even briefly turned negative in the spring of 2020 after the pandemic hit and travel activity by air, land and sea ground to a near halt.

   From $0 to $120 in 2 years — and the price of oil could climb higher

   www.cbc.ca/news/business/bakx-wti-wcs-oil-alberta-morale-1.6484688

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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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   Why are oil prices so low in Canada?

   • Russian President Vladimir Putin's decision to invade Ukraine has wreaked havoc on oil prices around the world. (Andrey Rudakov/Bloomberg) Oil prices around the world have risen to their highest levels in years, but Canadian oilsands producers are seeing comparatively less for every barrel because of imbalances in supply and demand.

   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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   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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   Is Alberta's oilpatch worth less than $0?

   • Alberta's oilpatch history is full of ups and downs, dating back to the province's first big oil rush more than 100 years ago near Turner Valley. But who would have thought oil would one day be worth less than $0? On Monday, the price for West Texas Intermediate (WTI), the North American benchmark, fell more than $50 to close at negative $37.63 US.

   The day oil was worth less than $0 — and nobody wanted it

   www.cbc.ca/news/business/oil-negative-price-1.5538996

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   Is Alberta's oil price forecast ludicrous?

   • It's exceptional. Alberta was already projecting a deficit of $6.8 billion this year and that was based on WTI at $58 per barrel. When the budget was approved last month, the oil price forecast already looked antiquated. Now, it's just ludicrous.

   The day oil was worth less than $0 — and nobody wanted it

   www.cbc.ca/news/business/oil-negative-price-1.5538996

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9. globalnews.ca › news › 10414377Higher oil prices don’t shake industry talk on spending ...

   globalnews.ca › news › 10414377

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   Apr 10, 2024 · The price of oil has been on a steady climb all year, but the talk at Canada’s biggest oil and gas conference is still focused on spending discipline.