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Western Canadian Select (WCS) is the most important oil price index in Western Canada. The price received by Canadian oil producers is often based on WCS. Limited transportation infrastructure causes a large discount in WCS in relation to West Texas Intermediate (WTI).
Oil Price Charts. 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,...
Get crude oil prices in realtime, including live charts for WTI, crude oil futures prices, historical data, news & analysis.
Feb 10, 2022 · The price of crude has hit levels not seen in years, but at least one economist said oil-rich Canada is not reaping the full benefits of these higher commodity prices it has in the past. Higher oil prices have always been a double-edged sword for Canada.
Aug 5, 2019 · Canadian producers have had a tough couple of years with constrained market access that drove the price of Western Canadian Select (WCS)—the benchmark price of oil from Canada’s oil sands—to a...
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...
People also ask
Why is oil price important for Canadian investors?
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What is oilprice?
The Canadian Crude Oil Index serves as a benchmark for oil produced in Canada. It allows investors to track the price, risk and volatility of the Canadian commodity. The CCI was launched by Auspice Capital Advisors in 2014. The Index moved from a day end posting to live in January 2016.
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