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Jan 4, 2023 · The Brent crude oil spot price averaged $100/b in 2022, and the WTI spot price averaged $95/b. In the first half of 2022, geopolitical tension with Russia, culminating with Russia’s full-scale invasion of Ukraine on February 24, contributed to crude oil price increases. On March 8, 2022, the combination of Russia’s invasion of Ukraine with ...
Interactive charts of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel back to 1946. 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.
YearAverageclosing PriceYear OpenYear High2024$77.77$71.65$87.012023$77.64$80.26$93.842022$94.53$76.08$123.702021$68.17$47.62$84.65Mar 16, 2022 · As this Report went to print, ICE Brent oil futures slid to around $100/bbl after touching an intraday high of nearly $140/bbl on 8 March. Prices jumped from $90/bbl in early February following the invasion of Ukraine and as supply concerns mounted.
Mar 1, 2022 · Selected Crude Oil Prices March 2022 (Canadian dollars per cubic metre) Note: No prices are reported on weekends and American statutory holidays. Did you find what you were looking for? Date modified: 2022-04-14. Date Exchange Rate WTI Cushing Brent Sullom Voe, UK.
- Canadian Crude Oil Production Increases to Meet Domestic and Global Demand
- Higher Production of Refined Petroleum Products Continues
- Natural Gas Production Increases, Inventories Continue to Decline
- Electricity Generation Up Slightly Year Over Year
- Coal Production and Exports Continue to Decline
- Energy Production on The Rise in The First Quarter of 2022
- Contact Information
In March, production of crude oil and equivalent products was up 2.3% to 24.2 million cubic metres. This was the second consecutive monthly year-over-year gain as the global crude oil market faced ongoing uncertainty in reaction to the war in Ukraine. The overall increase was driven by oil sands extraction, up 1.8% in March to 15.7 million cubic me...
In March, production of finished petroleum products rose 7.6% to 9.8 million cubic metres, marking the fifth consecutive monthly year-over-year increase, as demand for refined products continued to rise. Production of finished motor gasoline was up 13.0% to 3.1 million cubic metres. Likewise, production of jet fuel rose 51.7% to 0.4 million cubic m...
Production of marketable natural gas in Canada increased 7.2% year over year in March to 639.0 million gigajoules. This was the highest monthly production level recorded since the beginning of this series in January 2016, and the 12th consecutive month of year-over-year production increases. Alberta accounted for the bulk of natural gas production ...
Electricity generation in Canada edged up 0.1% year over year to 56.7 million megawatt-hours (MWh) in March, following a 1.7% decline in February. Compared with March 2021, total hydroelectricity generation declined 0.2% in March to 35.4 million MWh. However, hydroelectricity continued to be the single largest contributor to Canadian electricity ge...
In March, total coal production was 3.0 million metric tonnes, down 25.9% compared with March 2021, and the fifth consecutive monthly decline. Coal exports also declined compared with March 2021, down 13.1% to 2.5 million tonnes, which represented 85.2% of total monthly production. Coke production declined 17.8% year over year to 147.7 million tonn...
In the first quarter of 2022, several Canadian provinces and territories relaxed or removed COVID-19 restrictions, contributing to an increase in the production and trade of energy products. In addition, the first quarter also saw geopolitical tensions escalate into war as Russia invaded Ukraine in February 2022. These tensions contributed to signi...
For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; infostats@statcan.gc.ca) or Media Relations (statcan.mediahotline-ligneinfomedias.statcan@statcan.gc.ca).
Brent crude reached about $107 per barrel on March 1 and traded the following morning at more than $113 per barrel. Russia’s continued invasion of Ukraine has not only resulted in an increase in oil prices but a decline in equity markets and bond yields.
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Crude Oil decreased 3.01 USD/BBL or 4.20% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Crude Oil - values, historical data, forecasts and news - updated on September of 2024.
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