What is the stock symbol for Western Canadian Select?
WCS
Western Canadian Select (WCS) Crude Oil.
What is Western Canadian Select trading at?
Oil Price Charts
Futures & Indexes | Last | Last Updated |
---|---|---|
Western Canadian Select | 67.10 | (17 Hours Delay) |
Dubai | 81.44 | (2 Days Delay) |
Brent Weighted Average | 84.57 | (2 Days Delay) |
Louisiana Light | 85.15 | (3 Days Delay) |
What is the best Canadian oil stock?
Here are 5 that have been truly impressive.
- #1. Tamarack Valley Energy Ltd.
- #2. Neo Lithium Corp.
- #3. Crescent Point Energy Corp.
- #4. Cenovus Energy Inc.
- #5. Imperial Oil Limited.
What is the difference between WTI and WCS?
An important benchmark price in Canada is known as Western Canada Select (WCS). 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 Western Canadian Select oil in Jan 2021?
Summary. The average price of WCS crude oil decreased by 39 per cent in 2020, to US$26.81 per barrel (bbl). The base price of WCS is projected to increase to US$40.00/bbl in 2021, US$41.00/bbl in 2022, and US$55.00/bbl by 2030.
What is WTI oil price?
Oil (WTI)Commodity 83.69-0.82-0.97%
Who is the largest oil company in Canada?
Enbridge is the largest oil and gas company based in Canada. As of 2021, it had generated a revenue of some 33.7 billion U.S. dollars in its previous fiscal year. Enbridge is the country’s largest midstream company and based in Calgary, Alberta.
Is Enbridge good buy?
Overall, Enbridge stock has a Strong Buy consensus rating based on 10 Buys and 2 Holds. The average Enbridge price target of C$56.99 implies 15.2% upside potential from current levels.
Is oil a good investment in 2021?
20, 2021, at 5:18 p.m. Oil price gains provide opportunities for investors. Accordingly, oil, natural gas, coal and other energy commodity prices are now at or near multiyear highs. Higher oil prices are great news for oil stock margins and profits.
What was the price of Western Canadian Select?
Western Canadian Select (WCS) was changing hands at one point as low as $7.63 US per barrel, down $4.60 from Tuesday’s level. The U.S. benchmark known as West Texas Intermediate (WTI) also fell to below $22 a barrel, a level it has not hit since 2003.
Why is the price of Western Canadian oil going down?
The price decrease comes as coronavirus variants continue to spread and China is set to change oil import regulations. The price of Western Canadian Select crude oil has been hugely impacted by the 2020 oil crisis.
What kind of bank is Canadian western bank?
Touch device users, explore by touch or with swipe gestures. Canadian Western Bank is a Schedule I chartered bank which operates in western Canada. The Bank provides commercial loans, construction and real estate project financing, and industrial equipment financing.
Who is the CEO of Goldbeck recruiting Canada?
Henry Goldbeck, president and CEO of Goldbeck Recruiting, joins BNN Bloomberg to discuss the hiring outlook for Canada’s energy sector. He notes despite the long-term trajectory for the oil and gas sector, companies are hiring.