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1. • • A barrel of the North American oil benchmark is changing hands for about $90 US a barrel right now, but the heavy crude that comes from Canada's oilsands is fetching $30 less because of a perfect storm of imbalances between supply and demand. The oil blend known as West Texas Intermediate (WTI) was going for about $87 a barrel on Thursday.
     Reference:

     Price gap on heavy Canadian oil tops $30 per barrel, widest ...

2. People also ask

   Why is oil price important for Canadian investors?

   • Oil price is significant for Canadian investors. Some investors use Canadian ETFs to speculate on oil prices. For example, HUC-Horizons Crude Oil ETF replicates the crude oil price performance. More importantly, a substantial portion of the S&P/TSX Composite index is composed of Canadian oil stocks.

   Canadian Oil Price (Western Canadian Select) | WOWA.ca

   wowa.ca/oil-price-Canada

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   Why are oil prices so low in Canada?

   • Russian President Vladimir Putin's decision to invade Ukraine has wreaked havoc on oil prices around the world. (Andrey Rudakov/Bloomberg) Oil prices around the world have risen to their highest levels in years, but Canadian oilsands producers are seeing comparatively less for every barrel because of imbalances in supply and demand.

   Oil prices are rising, but Canada is getting comparatively less for

   www.cbc.ca/news/business/oil-prices-canada-1.6479046

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   What is oilprice?

   • Oilprice.com, in cooperation with its partners, offers over 150 crude oil blends and indexes from all around the world, providing users with oil price charts, comparison tools and smart analytical features.

   Western Canadian Select Oil Price Charts | Oilprice.com

   oilprice.com/oil-price-charts/257

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   How much does a barrel of oil cost in Alberta?

   • It's also generally cheaper because of the many transportation difficulties with getting it out of landlocked Alberta and into pipelines or railcars bound for refineries on the U.S. Gulf coast. Typically that discount is about $10-$15 US a barrel, but recent events have pushed the gap to beyond $20.

   Oil prices are rising, but Canada is getting comparatively less for

   www.cbc.ca/news/business/oil-prices-canada-1.6479046

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3. oilprice.com › oil-price-charts › 257Western Canadian Select Oil Price Charts | Oilprice.com

   oilprice.com › oil-price-charts › 257

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   69.58. +0.00. +0.00%. (1 day Delay) (1 day Delay) Western Canadian Select. 65.92. +0.86. +1.32%.

4. ca.investing.com › commodities › crude-oilCrude Oil Price | WTI Price Chart - Investing.com Canada

   ca.investing.com › commodities › crude-oil

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   Get crude oil prices in realtime, including live charts for WTI, crude oil futures prices, historical data, news & analysis.

   Symbol	Exchange	Currency
   CL	Derived	USD
   WTCLc2	ICE	USD
   WTCLc5	ICE	USD
   WTCLc4	ICE	USD

   See full list on ca.investing.com

5. wowa.ca › oil-price-CanadaCanadian Oil Price (Western Canadian Select) | WOWA.ca

   wowa.ca › oil-price-Canada

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   Canadian Oil Price. This Page's Content Was Last Updated: February 14, 2024. WTI price on this page Was Last Updated: May 10, 2024, 4:59 PM ET. WOWA Trusted and Transparent. What You Should Know. Western Canadian Select (WCS) is the most important oil price index in Western Canada. The price received by Canadian oil producers is often based on WCS.

6. www.cbc.ca › news › businessOil prices are rising, but Canada is getting comparatively ...

   www.cbc.ca › news › business

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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 the...

7. Top Stories

   • 

     Olive oil is how much now? Prices jump — again — amid worldwide shortage

     Shoppers may find themselves doing a double take in the olive oil section of their local grocery stores these days, as industry analysts say prices have reached a record high.Prices for extra virgin olive oil in stores across Canada have increased an average 25.

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     Oil rebounds, gains 1% after US crude draw, lukewarm inflation data

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

   www.bnnbloomberg.ca › oil

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   6:48. Oil company earnings underwhelm despite crude price flirting with US$85 a barrel. Oil prices rose this week as tightening supply conditions and ongoing tensions in the Middle East contributed to push prices higher. Investing. 7:43. We are no longer in a world where US$150/bbl for oil is on the table: portfolio manager.

9. natural-resources.canada.ca › oil-pricing › 18087Oil Pricing - natural-resources.canada.ca

   natural-resources.canada.ca › oil-pricing › 18087

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   Jan 12, 2024 · Learn how crude oil prices are determined by global supply and demand, and how they are traded in spot and futures markets. Find historical and current data on oil prices and Canada's energy sector.

10. natural-resources.canada.ca › our-naturalSelected Crude Oil Price Daily March 2021 (Canadian dollars ...

    natural-resources.canada.ca › our-natural

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    Mar 1, 2021 · Selected Crude Oil Price Daily March 2021 (Canadian dollars per cubic metre) Note: Prices are not reported on weekends and American statutory holidays. Explanatory Note for Crude Oil Prices. All prices are settlement prices, for delivery in the prompt month. Prices are based on daily closing prices posted on NYMEX in US dollars per barrel.