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Mar 8, 2023 · The monthly average price index for refined petroleum products, including motor gasoline and distillate fuel oil, was a key driver of producer price inflation, which rose by 56.6% from 2021. The crude oil and bitumen price index (+49.0%) increased by nearly half in 2022.
- Exports of crude oil and bitumen - Statistics Canada
Skip interactive chart, go to accessible chart description....
- Exports of crude oil and bitumen - Statistics Canada
1 day ago · The agency’s World Energy Outlook said growth in near-term oil supplies will mainly come from Canada, the United States, Brazil and Guyana, though a slowdown in demand and a softening in energy prices are imminent given the expected global surge in electricity consumption and rise of electric vehicles (EVs). Advertisement 2. Story continues ...
Nov 7, 2023 · Skip interactive chart, go to accessible chart description. Data are on a balance-of-payments basis and are seasonally adjusted. Table 12-10-0121-01.
Mar 7, 2024 · Canadian exports of crude oil and equivalent products also reached a record high in 2023. Steadily rising since 2021, crude oil exports totalled 230.0 million cubic metres, up 3.2% from 2022. As more Canadian crude oil was exported, stocks diminished throughout 2023.
- Crude oil price. The price of crude oil is the most important factor that drives production and investment in the oil and gas extraction sector. Chart 1 presents movements in two of the most relevant crude oil prices for Canada, the WTI and the Western Canadian Select (WCS) from January 2019 to February 2021.
- Production and employment. Chart 2 presents monthly production and employment in the oil and gas extraction industry and in all industries as a whole from January 2019 to April 2021.
- Crude oil and merchandise exports. The global value chain and, therefore, merchandise exports have been greatly affected by the pandemic because of declining demand.
- Capital expenditures. Capital expenditures in oil and gas extraction are highly related to crude oil price. Lower oil prices will drive down the profit level of oil and gas extraction and ultimately discourage investment in the industry, and this will affect its production capacity in the long term.
Nov 1, 2021 · Oil Pricing. Selected Crude Oil Prices November 2021 (Canadian dollars per cubic metre) Note: Prices are not reported on weekends and American statutory holidays.
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Dec 1, 2020 · 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.
