Price per barrel of WCS oil in US dollars.
WTI Oil ($US/bbl)
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PUBLISHED - Sep 28, 2018
The West Texas Intermediate (WTI) price of oil, often a world reference price quoted in the media, averaged US$68.06 a barrel in August 2018, 41.7% higher than it was a year earlier. Western Canada Select (WCS), the price obtained for many Alberta producers for oil, averaged US$48.55 a barrel in August 2018, 26.1% higher than it was a year earlier. The differential of WTI over WCS was US$19.51 in August 2018.