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

Trend % CHANGE

Analysis

PUBLISHED - Mar 25, 2021
The West Texas Intermediate (WTI) price of oil, often a world reference price quoted in the media, averaged US$59.04 a barrel in February 2021, 16.6% higher than it was a year earlier. Western Canada Select (WCS), the price obtained for many Alberta producers of oil, averaged US$45.13 a barrel in February 2021, 65.4% higher than it was a year earlier. The differential of WTI over WCS was US$13.91 in February 2021.