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The Canadian Crude Oil Index (CCI) serves as a benchmark for oil produced in Canada. [1] It allows investors to track the price, risk, and volatility of the Canadian commodity. [1] The CCI was launched by Auspice Capital Advisors in 2014. [2] The Index moved from a day end posting to live in January 2016. [1]
The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil, Isthmus, and Western Canadian Select (WCS). [1 ...
The refinery was built before the discovery of oil offshore Newfoundland to process cheap imported oil and sell the products mainly in the United States. Unfortunately the startup of the refinery in 1973 coincided with the 1973 oil crisis which quadrupled the price of the refinery's crude oil supply. This and technical problems caused the ...
President Trump’s tariff on Canadian oil is expected to raise prices at the pump for U.S. consumers, if it takes effect as planned after a 30-day delay. Analysts told The Hill that the 10 ...
U.S. consumers will see higher prices at the gas pump from President Donald Trump's decision on Saturday to apply tariffs on Canadian and Mexican oil, according to analysts and fuel traders. The ...
The investment bank kept its 2025/2026 oil price forecasts unchanged, expecting minimal near-term price impact due to stable global oil production and demand, as well as the Canadian oil tariff ...
In contrast, WCS is a heavy crude oil with an API gravity level of 20.5°." [6] The Canadian Crude Index (CCI) serves as a benchmark for oil produced in Canada. [7] It allows investors to track the price, risk and volatility of the Canadian commodity. [7]
Tariffs on Canada may appear at first as a protectionist move, but they’re actually part of a negotiating tactic to gain greater control over Canadian energy, he explained, adding that Trump's ...