What is the current price of Western Canadian Select oil?
What is the current price of Western Canadian Select oil?
Oil Price Charts
| Futures & Indexes | Last | Last Updated |
|---|---|---|
| Western Canadian Select | 105.31 | (15 Hours Delay) |
| Dubai | 115.29 | (1 Day Delay) |
| Brent Weighted Average | 120.04 | (1 Day Delay) |
| Louisiana Light | 121.00 | (1 Day Delay) |
Why is Western Canadian Select oil so cheap?
Since the oil in WCS is much heavier than WTI (which is a light oil), and further away from main markets, WCS is priced at a further discount to WTI. Other oil streams produced from the oil sands are also priced at a discount to WTI or WCS.
What is the price of a barrel of oil in Alberta?
WCS Oil ($US/bbl)
| March | ||
|---|---|---|
| Trend | 2021 | % CHANGE |
| $50.51 | 76.3% | |
| Source: Alberta Energy (Jan 2009 to present) |
What is the price of oil today in Canada?
The live OIL CAD gold prices in Canadian Dollars you see here are updated every 3 seconds real-time….Live Crude Oil Price in Canadian Dollars Today.
| 1 OIL | 149.7 CAD |
|---|---|
| 10000 OIL | 1497032.5 CAD |
How much is a barrel of oil in dollars?
WTI Oil Prices In US Dollar
| WTI Oil | US Dollar | US Dollar |
|---|---|---|
| 1 Barrel | 114.49 USD | 1 USD |
| 2 Barrel | 228.98 USD | 2 USD |
| 5 Barrel | 572.45 USD | 5 USD |
| 10 Barrel | 1144.9 USD | 10 USD |
Why is Canadian oil prices so high?
“It’s really about global oil prices, and that’s really driven by things far beyond the government of Canada’s control.” The federal carbon tax is, however, set to increase: it rose by 2.2 cents per litre this year and will continue to rise until it reaches $170 per tonne by 2030.
Where does Western Canadian Select oil come from?
WTI is refined mostly in the Midwest and Gulf Coast regions in the U.S., since it is high-quality fuel and is produced within the country. “WCS prices at a discount to WTI because it is a lower quality crude (3.51Wt.
