Price per barrel of WCS oil in US dollars.
WTI Oil ($US/bbl)
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PUBLISHED - Nov 25, 2019
The West Texas Intermediate (WTI) price of oil, often a world reference price quoted in the media, averaged US$53.96 a barrel in October 2019, 23.7% lower than it was a year earlier. Western Canada Select (WCS), the price obtained for many Alberta producers of oil, averaged US$41.96 a barrel in October 2019, 2.0% higher than it was a year earlier. The differential of WTI over WCS was US$12.00 in October 2019.