Cost of oil per barrel canada today
Last Thursday, Western Canadian Select (WCS) — the main blend sold by Alberta’s oilsands — closed at less than US$14 per barrel, the lowest in a decade. CL.1 | A complete Crude Oil WTI (NYM $/bbl) Front Month futures overview by MarketWatch. View the futures and commodity market news, futures pricing and futures trading. Average cash cost to produce a barrel of oil or gas equivalent in 2016, based on data from March 2016. The world has changed for oil producers. When crude-oil prices were more than $100 a barrel just two years ago, the ensuing profits were huge, filling government coffers and swelling company earnings. Meanwhile, the location and size of Saudi's oil fields also help keep its production costs down. While it's not the cheapest in the world, as several nations have production costs around $2 per barrel, it's still a fraction of the production costs of a country like Canada, which pays $11.56 to produce a barrel of oil.
US$ per Barrel Million Barrels per Day Operating cost (U.S. dollars a barrel) Oil production (million barrels a day) United Kingdom Canada Equatorial Guinea Malaysia Colombia Congo Norway China Venezuela Egypt Italy Ghana South Sudan Bahrain Libya Algeria Azerbaijan Chad Ecuador Iran Saudi Arabia Kuwait Brazil Australia Gabon Thailand Nigeria
Typically Illinois Crude is a couple of dollars cheaper per barrel than West Texas Intermediate (WTI) because it requires a bit more refining. Price controlled Goldman Sachs now expects that global oil demand in the first quarter of 2020 is likely to contract 8 million barrels per day, prompting the bank to slash its Brent CL.1 | A complete Crude Oil WTI (NYM $/bbl) Front Month futures overview by MarketWatch. View the futures and commodity market news, futures pricing and futures trading. -0.0251, -4.19%. Canadian Dollar Continuous Contract, 0.6856 , -0.0182, -2.59% Historical and current end-of-day data provided by FACTSET. 5 days ago Daily — AB, Midwest, USGC prices (USD/bbl) ⇓ Daily — Cdn DAILY CLOSING CAD/USD USED FOR CANADIAN BENCHMARKS. DATA 11 Mar 2020 Average monthly Western Canadian Select (WCS) crude oil price from January 2019 to January 2020 (in U.S. dollars per barrel).
7 Dec 2018 WCS now sells for a US$15-a-barrel discount to WTI; in October, the price gap had ballooned to US$50, the largest discount in Bloomberg data
Crude Oil Prices Charts. Latest News on Oil, Energy and Petroleum Prices. Articles, Analysis and Market Intelligence on the Oil, Gas, Petroleum and Energy Industry. Accurate Oil Price Forecasts Crude oil prices & gas price charts. Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice The West Texas Intermediate (WTI) price of oil, often a world reference price quoted in the media, averaged US$57.68 a barrel in January 2020, 12.3% higher than it was a year earlier. Western Canada Select (WCS), the price obtained for many Alberta producers of oil, averaged US$36.82 a barrel in January 2020, 7.3% higher than it was a year earlier. PUBLISHED - Sep 26, 2019. The West Texas Intermediate (WTI) price of oil, often a world reference price quoted in the media, averaged US$54.81 a barrel in August 2019, 19.2% lower than it was a year earlier. Western Canada Select (WCS), the price obtained for many Alberta producers of oil, averaged US$43.10 a barrel in August 2019, 1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (Brent) Price Per 1 Ton 236.99 USD 1 Barrel = 336 Pint Oil (Brent) Price Per 1 Pint 0.10 USD 1 Barrel = 42 Gallons In January 2020, the average monthly price of the Canadian oil benchmark Western Canadian Select (WCS) was 35.10 U.S. dollars per barrel. WCS is a heavy sour blend of crude oil, produced
oil prices are forecasted to grow from current levels to almost $73.00 per barrel ( in 2014 dollars) and a Low Case, where oil prices reach only $51.00 per barrel
9 Mar 2020 About a third of U.S. exploration and production companies need WTI prices of US$55 a barrel to break even, and with prices at their current 4 Mar 2020 Prices for the Average Crude reached as high as $114/barrel because Average Crude Oil Spot Price is at a current level of 53.35, down from Crude Brent prices fell in March. In March of 2020, price of Brent crude so far this month is 41.09$ per barrel, while the price was 56.21$ dollars per Stay up to date with real-time crude oil futures prices, historical data, news & analysis. English (UK); Русский; English (India); Türkçe; English (Canada); العربية Oil Barrels Toward $20 as Bottom Completely Falls Out By Investing. com - 22 We'll also comment on the current opportunity in silver compared with the oil prices are forecasted to grow from current levels to almost $73.00 per barrel ( in 2014 dollars) and a Low Case, where oil prices reach only $51.00 per barrel
Live interactive chart of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel. The current price of WTI crude oil as of October 18, 2019 is 53.82 per barrel. We Need Your Support! Backlinks from other sites are the lifeblood of our site and our primary source of new traffic.
Oil (WTI) Price; 1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 223.90 USD 1 Barrel = 42 Gallons 4 days Oman: Forget $80 Oil, Producers Should Get Used To $60 Oil. 4 days Harold Hamm: U.S. Oil Firms Adjust Production Growth To Demand. 5 days Venezuela Confident It Will Recover Oil Production By End-2019. 5 days Non-Compliant Iraq, Nigeria Vow To Fall In Line With OPEC Oil Quotas. Get the latest Crude Oil price (CL:NMX) as well as the latest futures prices and other commodity market news at Nasdaq. Looking for additional market data? Visit old.nasdaq.com. A world oil price in the range of $55 to $60 per barrel is less than the cost of Russian Arctic oil production, European and Brazilian biofuel production, US and Canadian shale and tight oil production, and Brazilian presalt oil production. Live interactive chart of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel. The current price of WTI crude oil as of October 18, 2019 is 53.82 per barrel. We Need Your Support! Backlinks from other sites are the lifeblood of our site and our primary source of new traffic.
Crude Brent prices fell in March. In March of 2020, price of Brent crude so far this month is 41.09$ per barrel, while the price was 56.21$ dollars per Stay up to date with real-time crude oil futures prices, historical data, news & analysis. English (UK); Русский; English (India); Türkçe; English (Canada); العربية Oil Barrels Toward $20 as Bottom Completely Falls Out By Investing. com - 22 We'll also comment on the current opportunity in silver compared with the oil prices are forecasted to grow from current levels to almost $73.00 per barrel ( in 2014 dollars) and a Low Case, where oil prices reach only $51.00 per barrel