Oil Prices
Price per barrel of WCS oil in US dollars.
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WTI Oil ($US/bbl)

Trend % CHANGE

Analysis

PUBLISHED - Apr 25, 2022
The West Texas Intermediate (WTI) price of oil, often a world reference price quoted in the media, averaged US $108.50 a barrel in March 2022, 74.1% higher than it was a year earlier. Western Canada Select (WCS), the price obtained for many Alberta producers of oil, averaged US $94.57 a barrel in March 2022, 85.6% higher than it was a year earlier. The differential of WTI over WCS was US $13.93 in March 2022.