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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 widest...
- Price gap on heavy Canadian oil tops $30 per barrel, widest ...
Oil prices have fallen — so why is the price of gasoline...
- Oil prices projected to stay at low levels in 2024, report says
Oil prices are at their lowest in two years, with prices...
- Price gap on heavy Canadian oil tops $30 per barrel, widest ...
Dec 17, 2012 · Canadian crude prices are at their lowest levels against Brent-priced crude in 10 months, reaching a new market low on Friday and trading last week at under $50/barrel.
Nov 21, 2018 · Canadian oil producers have a terrible problem. There’s a massive expansion in Canadian oil output but no easy way to get it to market. Now, heavy oil has plunged below $18 a barrel for the first time since 2016. Here’s what’s causing the steep discount.
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
Dec 12, 2017 · Reduced pipeline capacity and bottlenecks in production hubs have led to an even steeper discount for Western Canadian Heavy crude.
Jan 9, 2024 · Oil prices are at their lowest in two years, with prices hovering around 2021 levels. As of Monday afternoon, the WTI price was around $71 US. Feds set aside $7B from Canada Growth Fund for...
Dec 14, 2022 · Canadian oil exporters are potentially vulnerable to two forces: lower demand and lower price. On demand, Canada is partially insulated from global trends because it mostly sells to Midwest U.S. refiners whose output is consumed in the United States.