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1. • $100.10 a barrel

     • Canada’s benchmark heavy crude, normally among the cheapest grades in North America, has risen above $100 a barrel for the first time since 2008 as the U.S. ponders a ban on imports of Russian oil. Western Canadian Select rose $2.70 to $100.10 a barrel at 10:11 a.m. in Calgary, according to NE2 Group data.
     Reference:

     Oil Prices: Heavy Canadian Crude Surpasses $100 for First ...

2. People also ask

   Why is Canadian crude oil so expensive?

   • High natural gas prices make refining heavy and high sulfur crude oil more expensive, according to Vortexa data. At the same time, Canadian crude on the coast is exposed to discounted Russian barrels. India has cut its imports of Canadian oil by almost half since May as the country takes more Russian crude.

   Canadian Oil Prices Collapse Even Amid Pipeline Abundance - Bloomber…

   www.bloomberg.com/news/articles/2022-10-12/canadian-oil-prices-collapse-even-amid-pipeline-abundance

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   Will Canadian oil do well?

   • Global energy prices may struggle but Canadian oil will do well: ... Pull back in oil prices may be due to Russia cheating on OPEC+ qu... This is the first time oil has traded below US$79/bbl since OPEC+... Nobody had an OPEC+ production cut on their bingo card: Frances H...

   Why are oil prices falling? Here's what one expert says

   www.bnnbloomberg.ca/why-are-oil-prices-falling-here-s-what-one-expert-says-1.1915442

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   Why are Canadian crude prices so low today?

   • Instead, today’s growing price discount is related to a broader set of issues that Canada has less control over, according to traders. Maintenance and emergency shutdowns of major US refineries in the Midwest, including BP Plc.’s Whiting and Toledo refineries, mean less Canadian crude can be processed in its biggest market.

   Canadian Oil Prices Collapse Even Amid Pipeline Abundance - Bloomber…

   www.bloomberg.com/news/articles/2022-10-12/canadian-oil-prices-collapse-even-amid-pipeline-abundance

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   Why did oil prices rise this week?

   • Oil prices rose this week as tightening supply conditions and ongoing tensions in the Middle East contributed to push prices higher. Dan Rohinton, portfolio manager of iA Global Asset Management joins BNN Bloomberg to discuss the top markets movers of the day including oil and gold.

   Oil - BNN Bloomberg

   www.bnnbloomberg.ca/oil

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3. www.bnnbloomberg.ca › oilOil - BNN Bloomberg

   www.bnnbloomberg.ca › oil

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   Oil prices saw further gains this week as tensions in the Middle East escalated, propelling WTI crude to around US$87 a barrel, while the global benchmark, Brent, approached US$91, nearing its highest level since October. Commodities. 7:45.

   • Why are oil prices falling? Here's what one expert says

     One Canadian energy strategist said he thinks weak demand is...

4. www.bloomberg.com › energyEnergy - Bloomberg

   www.bloomberg.com › energy

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   Get updated data about energy and oil prices. Find natural gas, emissions, and crude oil price changes.

5. www.bloomberg.com › news › articlesCanadian Oil Prices Collapse Even Amid Pipeline Abundance

   www.bloomberg.com › news › articles

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   Oct 12, 2022 · Oil Prices: Canadian Heavy Crude Collapses Even Amid Pipeline Abundance - Bloomberg. Markets. Canadian Oil Prices Collapse Even Amid Pipeline Abundance. US refinery shutdowns,...

6. www.bloomberg.com › news › articlesCrude Oil Prices Hold Two-Day Gain Amid Disruptions to ...

   www.bloomberg.com › news › articles

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   May 8, 2023 · May 8, 2023 at 4:57 PM PDT. Updated on. May 9, 2023 at 12:31 PM PDT. Oil extended its rally for a fourth day, reversing course midday to climb after the Biden administration announced plans to ...

7. www.bnnbloomberg.ca › oil-price-news-oil-risesOil price news: Oil, locked in rangebound ... - BNN Bloomberg

   www.bnnbloomberg.ca › oil-price-news-oil-rises

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   Jan 16, 2024 · Jan 16, 2024. Oil price news: Oil, locked in rangebound trading, shrugs off Red Sea risks. Yongchang Chin and Kateryna Kadabashy, Bloomberg News. Now Showing. 4:41. Fear versus excess supply: Commodity manager says big oil swings ... Up Next. 6:54. Energy transition clouding need for longer-term oil investment: h... 10:06.

8. www.bloomberg.com › news › articlesOil Prices: Energy Firms in Canada Keep Spending Tight ...

   www.bloomberg.com › news › articles

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   Jul 4, 2022 · By Derek Decloet. July 4, 2022 at 9:51 AM PDT. This article is for subscribers only. Robust oil and gas prices mean healthy profits for Canadian energy firms but they remain reluctant to...