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

Trend % CHANGE

Analysis

PUBLISHED - Nov 22, 2022
The West Texas Intermediate (WTI) price of oil, often a world reference price quoted in the media, averaged US $87.03 a barrel in October 2022, 6.8% higher than it was a year earlier. Western Canada Select (WCS), the price obtained for many Alberta producers of oil, averaged US $66.38 a barrel in October 2022, 4.2% lower than it was a year earlier. The differential of WTI over WCS was US $20.65 in October 2022.