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

Trend % CHANGE

Analysis

PUBLISHED - Aug 25, 2021
The West Texas Intermediate (WTI) price of oil, often a world reference price quoted in the media, averaged US $72.49 a barrel in July 2021, 78.1% higher than it was a year earlier. Western Canada Select (WCS), the price obtained for many Alberta producers of oil, averaged US $58.80 a barrel in July 2021, 80.9% higher than it was a year earlier. The differential of WTI over WCS was US $13.69 in July 2021.