Alberta oil price per barrel

13 Jan 2020 If the differential widens beyond $25 a barrel, the “Alberta government might be forced to step back in and raise the volumes on mandated cuts  28 Jun 2018 Oil prices plummet. In 2013, oil prices (Western Texas Intermediate (WTI), the benchmark price of oil) exceeded US$133 per barrel, but dropped  16 Oct 2019 On the contrary, they argue: let's consider oil sands the low-carb option. READ MORE: Actually, foreign funding flows to both sides of Alberta's oil sands battle ways to drive down the oil sands' per-barrel emissions (also known as their carbon Before oil prices crashed five years ago, fund managers and 

Alberta expects the discount paid for Canada’s main grade of crude versus the U.S. benchmark to be $19.10 per barrel in 2020-21, compared to $18.40 in the previous budget. Live interactive chart of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel. The current price of WTI crude oil as of September 13, 2019 is 54.85 per barrel. WTI Crude Oil - 10 Year Daily. Currently, Western Canadian Select trades at a discount of about $12 per barrel to WTI. Even so, the problems that have plagued Alberta’s oil industry for years have not been solved. But that assumption has proven invalid, and so now there’s a glut of crude in Alberta that is selling at a discount of more than US$30 per barrel compared to the price for U.S. crude, which has The December 2019 Deloitte forecast marks a trimming of its September 2019 expectations in Canadian oil prices from just above US$70 per barrel to just under the US$70 mark, with a modest upward A recent study by BMO Nesbitt Burns pegged the average cost of developing an oil-sands mine and operating it profitably at about $90 per barrel, well above the current price of crude. Get access to our complete database of historical oil and gas prices, energy statistics and oil sands production data. All in Excel format, no special software required. Learn more →

The price for a barrel of bitumen, the tar-like oil sands that comes from Alberta, fell to just over $8 per barrel this week. That is not a typo. Bitumen traded at $8.35 per barrel on Tuesday. In fact, Amazon.com sells oil drums – just the barrel, not the oil – for $78, almost ten times the cost of the actual bitumen.

Alberta expects the discount paid for Canada’s main grade of crude versus the U.S. benchmark to be $19.10 per barrel in 2020-21, compared to $18.40 in the previous budget. Live interactive chart of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel. The current price of WTI crude oil as of September 13, 2019 is 54.85 per barrel. WTI Crude Oil - 10 Year Daily. Currently, Western Canadian Select trades at a discount of about $12 per barrel to WTI. Even so, the problems that have plagued Alberta’s oil industry for years have not been solved. But that assumption has proven invalid, and so now there’s a glut of crude in Alberta that is selling at a discount of more than US$30 per barrel compared to the price for U.S. crude, which has The December 2019 Deloitte forecast marks a trimming of its September 2019 expectations in Canadian oil prices from just above US$70 per barrel to just under the US$70 mark, with a modest upward A recent study by BMO Nesbitt Burns pegged the average cost of developing an oil-sands mine and operating it profitably at about $90 per barrel, well above the current price of crude. Get access to our complete database of historical oil and gas prices, energy statistics and oil sands production data. All in Excel format, no special software required. Learn more →

Get access to our complete database of historical oil and gas prices, energy statistics and oil sands production data. All in Excel format, no special software required. Learn more →

The December 2019 Deloitte forecast marks a trimming of its September 2019 expectations in Canadian oil prices from just above US$70 per barrel to just under the US$70 mark, with a modest upward A recent study by BMO Nesbitt Burns pegged the average cost of developing an oil-sands mine and operating it profitably at about $90 per barrel, well above the current price of crude.

28 Jun 2018 Oil prices plummet. In 2013, oil prices (Western Texas Intermediate (WTI), the benchmark price of oil) exceeded US$133 per barrel, but dropped 

The price for a barrel of bitumen, the tar-like oil sands that comes from Alberta, fell to just over $8 per barrel this week. That is not a typo. Bitumen traded at $8.35 per barrel on Tuesday. In fact, Amazon.com sells oil drums – just the barrel, not the oil – for $78, almost ten times the cost of the actual bitumen. But that assumption has proven invalid, and so now there’s a glut of crude in Alberta that is selling at a discount of more than US$30 per barrel compared to the price for U.S. crude, which has easy access to markets. At times the discount has hit US$50, But in Alberta, Western Canada Select is stuck at $35 US per barrel. The divide between WCS and WTI has never been larger, according to Martin King, commodities analyst with Calgary's GMP FirstEnergy.

To put it in perspective, in September 2018, WSC averaged at US$40.37 per barrel, according to the Alberta Energy Regulator. Before last week, the previous low was US$16.30 per barrel, back in

The 2012 provincial budget for Alberta, released in February 2012, assumed. WCS oil prices would average $US 84 per barrel over fiscal 2012-13. Since. Canada Select (WCS), a heavy, sour blend of crude oil originating in Alberta Our oil forecasts not only incorporate private sector forecasts for WTI oil prices,  9 Mar 2020 The WTI break-even price for a barrel of oil in North Dakota's Bakken Canada's big oil production region — Alberta's oil or tar sands — is at  23 Jan 2015 In Canada, companies were heating Alberta's gooey oil sands with The price of Brent crude went from $80 per barrel to $70 per barrel in just  8 Jan 2019 “Heavy oil differentials were as high as US$45 per barrel in August — and Alberta producing roughly 190,000 barrels of oil a day more than it 

Oil from Canada’s oil sands is now selling at a $27-per-barrel discount relative to WTI, the sharpest difference in more than four years. Western Canada Select (WCS), a benchmark for oil from Alberta’s oil sands, has plunged in December, falling to just $30 per barrel at the end of this past week. Oil Price Charts. 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