Yahoo Canada Web Search

Search results

1. • • A barrel of the North American oil benchmark is changing hands for about $90 US a barrel right now, but the heavy crude that comes from Canada's oilsands is fetching $30 less because of a perfect storm of imbalances between supply and demand. The oil blend known as West Texas Intermediate (WTI) was going for about $87 a barrel on Thursday.
     Reference:

     Price gap on heavy Canadian oil tops $30 per barrel, widest ...

2. People also ask

   Why is oil price important for Canadian investors?

   • Oil price is significant for Canadian investors. Some investors use Canadian ETFs to speculate on oil prices. For example, HUC-Horizons Crude Oil ETF replicates the crude oil price performance. More importantly, a substantial portion of the S&P/TSX Composite index is composed of Canadian oil stocks.

   Canadian Oil Price (Western Canadian Select) | WOWA.ca

   wowa.ca/oil-price-Canada

   See all results for this question

   How is a barrel price converted to Canadian dollars?

   • 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. NYMEX: The New York Mercantile Exchange (NYMEX), the world's largest physical commodity futures exchange.

   Selected Crude Oil Price Daily January (Canadian dollars per cubic metre)

   natural-resources.canada.ca/our-natural-resources/energy-sources-distribution/fossil-fuels/crude-oil/oil-pricing/selected-crude-oil-price-daily-january-canadian-dollars-cubic-metre/23354

   See all results for this question

   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

   See all results for this question

   How are barrel prices calculated?

   • 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.

   Selected Crude Oil Price Daily January (Canadian dollars per cubic metre)

   natural-resources.canada.ca/our-natural-resources/energy-sources-distribution/fossil-fuels/crude-oil/oil-pricing/selected-crude-oil-price-daily-january-canadian-dollars-cubic-metre/23354

   See all results for this question

   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

   See all results for this question

   How much is a barrel of oil worth?

   • (Richard Carson/Reuters) A barrel of the North American oil benchmark is changing hands for about $90 US a barrel right now, but the heavy crude that comes from Canada's oilsands is fetching $30 less because of a perfect storm of imbalances between supply and demand.

   Price gap on heavy Canadian oil tops $30 per barrel, widest spread

   www.cbc.ca/news/business/oil-price-canada-1.6613584

   See all results for this question

3. wowa.ca › oil-price-CanadaCanadian Oil Price (Western Canadian Select) | WOWA.ca

   wowa.ca › oil-price-Canada

   • Cached

   Oil is often traded in US dollars, and for historical reasons, its price is quoted per barrel (bbl). Each barrel is 159 litres. The effect of oil prices goes far beyond oil stocks; changes in oil prices are often an important component of the inflation rate .

4. www.exchangerates.org.uk › commodities › live-oilLive Crude Oil Price in Canadian Dollars | OIL CAD | Live ...

   www.exchangerates.org.uk › commodities › live-oil

   • Cached

   5 days ago · Live Crude Oil Price in Canadian Dollars Today. 1 OIL. 112.75 CAD. 2 OIL. 225.51 CAD. 5 OIL. 563.76 CAD. 10 OIL. 1127.53 CAD.

   • 
   • 
   • 
   • 

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

   www.cbc.ca › news › business

   • Cached

   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...

6. Videos

   • 

     9:40

     youtube.com

     Crude Oil Prices Explained - WTI vs Brent

     Jun 14, 2019

     313.4K Views

   • 

     14:16

     youtube.com

     Petroleum - Modern history of oil on a Map

     Mar 2, 2019

     9.9M Views

   • 

     0:35

     msn.com

     Goldman Sachs Predicts Brent Crude Oil Prices to Surge to $86 Per Barrel Driven by Summer Deman

     Jun 11, 2024

   View all

7. www.cbc.ca › news › businessPrice gap on heavy Canadian oil tops $30 per barrel, widest ...

   www.cbc.ca › news › business

   • Cached

   Oct 14, 2022 · A barrel of the North American oil benchmark is changing hands for about $90 US a barrel right now, but the heavy crude that comes from Canada's oilsands is fetching $30 less because of a...

8. oilprice.com › oil-price-charts › 257Western Canadian Select Oil Price Charts | Oilprice.com

   oilprice.com › oil-price-charts › 257

   • Cached

   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,...

9. natural-resources.canada.ca › our-naturalSelected Crude Oil Price Daily January (Canadian dollars per ...

   natural-resources.canada.ca › our-natural

   • Cached

   Nov 8, 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.

10. natural-resources.canada.ca › our-naturalSelected Crude Oil Price Daily March 2021 (Canadian dollars ...

    natural-resources.canada.ca › our-natural

    • Cached

    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.