Language selection

Search

Selected Crude Oil Price Daily April 2019 (Canadian dollars per cubic metre)

Date Exchange Rate WTI
Cushing
Brent
Sullom Voe,
UK
Mixed Sweet
Blend
Edmonton
Synthetic
Edmonton
Western Canada Select
Hardisty
Implied Bitumen
Hardisty
2019-04-01 1.3307 516 577 483 512 447 430
2019-04-02 1.3337 525 581 497 528 458 444
2019-04-03 1.3345 524 581 493 530 455 441
2019-04-04 1.3359 522 579 492 526 452 438
2019-04-05 1.3384 531 589 504 539 462 447
2019-04-06 - - - - - - -
2019-04-07 - - - - - - -
2019-04-08 1.3314 539 593 513 550 471 457
2019-04-09 1.3330 536 592 510 548 467 449
2019-04-10 1.3319 541 597 507 549 466 448
2019-04-11 1.3383 535 595 502 542 458 440
2019-04-12 1.3323 535 595 499 542 457 436
2019-04-13 - - - - - - -
2019-04-14 - - - - - - -
2019-04-15 1.3367 533 596 499 545 455 432
2019-04-16 1.3350 538 599 502 547 461 442
2019-04-17 1.3341 535 596 497 533 451 431
2019-04-18 1.3376 538 601 501 543 453 431
2019-04-19 - - - - - - -
2019-04-20 - - - - - - -
2019-04-21 - - - - - - -
2019-04-22 1.3347 552 616 514 556 466 444
2019-04-23 1.3423 561 623 520 566 465 440
2019-04-24 1.3493 559 627 516 563 456 429
2019-04-25 1.3485 553 626 509 551 446 415
2019-04-26 1.3455 536 604 495 531 426 395
2019-04-27 - - - - - - -
2019-04-28 - - - - - - -
2019-04-29 1.3458 538 606 502 539 433 404
2019-04-30 1.3388 538 605 504 546 426 395
Average 1.3375 537 599 503 542 454 433

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.
  • Prices are converted to Canadian dollars per cubic metre using the Bank of Canada’s daily noon exchange rate and applying a volumetric ratio (6.29:1) to convert the price per barrel to a price per cubic metre.
  • NYMEX: The New York Mercantile Exchange (NYMEX), the world's largest physical commodity futures exchange.

West Texas Intermediate Oil: West Texas Intermediate (WTI) is the main benchmark price for light sweet crude in North America and specifies delivery at Cushing, Oklahoma.

Brent: Brent is the main benchmark price for light sweet crude in international markets and specifies delivery at Sullom Voe terminal, United Kingdom.

Western Canadian Select: Western Canada Select (WCS) is the main benchmark price for Canadian heavy crude and specifies delivery at Hardisty, Alberta.

Mixed Sweet Blend: Mixed Sweet Blend (MSW) is the main Canadian benchmark price for mixed light sweet crude, blended at Edmonton, Alberta.

Synthetic Crude Oil (SCO): Synthetic crude oil is a light crude oil that is produced by upgrading bitumen. The contract for synthetic crude oil specifies delivery at Edmonton, Alberta.

Implied Bitumen Price: The implied bitumen price is derived from the price of Western Canadian Select (WCS), which is assumed to have a blend composition of 30% condensate and 70% bitumen. The value of the condensate is subtracted from the WCS price to arrive at the implied price of bitumen. The implied bitumen price represents the value of bitumen extracted from the oil sands before condensate is added to allow the oil to flow through pipelines.

Report a problem or mistake on this page
Please select all that apply:

Thank you for your help!

You will not receive a reply. For enquiries, contact us.

Date modified: