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- There are a few reasons why, but they all boil down to one basic rule of economics: supply and demand. Different oil blends require refineries to be calibrated differently to process them, and many refiners aren't set up to process heavy blends like WCS.
www.cbc.ca/news/business/oil-prices-canada-1.6479046ANALYSIS | Oil prices are rising — so why is Canada getting ...
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Why are oil prices so low in Canada?
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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...
- Price gap on heavy Canadian oil tops $30 per barrel, widest ...
Oil prices have fallen — so why is the price of gasoline...
- Price gap on heavy Canadian oil tops $30 per barrel, widest ...
Mar 8, 2022 · The Canadian dollar is no longer growing at a pace tied to oil prices, exacerbating pains at the pumps and putting more pressure on the Bank of Canada to tame inflation.
Oct 14, 2022 · Oil prices have fallen — so why is the price of gasoline skyrocketing across Canada? The loonie has fallen to its lowest level in almost two years — here's why
Jan 18, 2023 · Petroleum pricing in Canada — the Q4 2022 report. Although crude prices declined in the fourth quarter, retail gasoline prices decreased by 11.7 cents per litre compared to the third quarter, while retail diesel prices increased by 26.2 cents per litre.
Feb 24, 2022 · As one of the world’s biggest producers and exporters of oil, Canada’s growth can be impacted significantly by the energy sector, which accounts for about 10% of its economy and 15% of the benchmark stock exchange, the S&P/TSX Composite Index.
Jun 13, 2022 · Oil prices are rising, but Canada is getting comparatively less for every barrel — here's why; The next wave of electric vehicles is coming — and it could be buses, semis and other large trucks
Jul 14, 2022 · Rising demand for oil this summer is expected to keep crude oil prices at elevated levels despite a decision by OPEC+ countries to boost their output in July and August, according to the latest forecast from Deloitte Canada’s Resource Evaluation and Advisory (REA) group.
