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Selected Crude Oil Price Daily April 2017

Date Exchange Rate Cdn Light Sweet
Edmonton
Western Canada Select
Hardisty
Cdn Light Sweet
Chicago
WTI
Chicago
Western Canada Select Chicago Brent Montreal
2017-04-01 - - - - - - -
2017-04-02 - - - - - - -
2017-04-03 1.3384 417 335 456 439 378 461
2017-04-04 1.3425 415 345 453 447 388 474
2017-04-05 1.3409 422 349 461 447 392 475
2017-04-06 1.3418 422 355 460 452 399 480
2017-04-07 1.3395 422 360 460 464 403 488
2017-04-08 - - - - - - -
2017-04-09 - - - - - - -
2017-04-10 1.3335 399 369 438 442 413 467
2017-04-11 1.3320 391 369 430 435 413 460
2017-04-12 1.3300 383 370 422 427 413 451
2017-04-13 1.3289 382 286 420 425 330 450
2017-04-14 - - - - - - -
2017-04-15 - - - - - - -
2017-04-15 - - - - - - -
2017-04-17 1.3289 377 362 416 421 406 448
2017-04-18 1.3377 385 354 424 429 398 454
2017-04-19 1.3460 385 340 424 443 383 450
2017-04-20 1.3482 373 340 411 416 384 450
2017-04-21 1.3506 378 334 416 437 377 449
2017-04-22 - - - - - - -
2017-04-22 - - - - - - -
2017-04-24 1.3492 378 330 416 433 373 442
2017-04-25 1.3592 385 338 424 439 382 441
2017-04-26 1.3593 381 340 420 440 384 440
2017-04-27 1.3624 402 337 422 419 381 444
2017-04-28 1.3662 388 344 426 417 388 444
2017-04-29 - - - - - - -
2017-04-30 - - - - - - -
Average 1.3440 394 345 431 435 389 456

Explanatory Note for Crude Oil Prices

  • All prices are settlement prices, for delivery in the prompt month.
  • NYMEX:  The New York Mercantile Exchange (NYMEX), the world's largest physical commodity futures exchange.

Western Canadian Select:  Western Canada Select (WCS) is the main benchmark price for Canadian heavy crude and specifies delivery at Hardisty, Alberta. Prices are based on daily closing prices for WCS posted on NYMEX in US dollars per barrel. Prices are converted to Canadian dollars per cubic metre using the Bank of Canada’s daily noon exchange rate and applying a volumetric ratio (6.29:1) to convert the price per barrel to a price per cubic metre.

Western Canadian Select Chicago:  Prices are based on Canadian Heavy Hardisty with pipeline tolls added for transportation to refineries in the Chicago area. Pipeline toll rates are obtained from the National Energy Board (NEB) and the US Federal Energy Regulatory Commission (FERC) which regulate pipeline tolls in Canada and the US respectively.

Canadian Light Sweet:  Canadian Light Sweet (CLS) is the main Canadian benchmark price for light sweet crude and specifies delivery at Edmonton, Alberta. Prices are based on daily closing prices for CLS crude posted on NYMEX in US dollars per barrel. Prices are converted to Canadian dollars per cubic metre using the Bank of Canada’s daily noon exchange rate and applying a volumetric ratio (6.29:1) to convert the price per barrel to a price per cubic metre.

Canadian Light Sweet Chicago:  Prices are based on Canadian Light Sweet with pipeline tolls added for transportation to refineries in the Chicago area. Pipeline toll rates are obtained from the National Energy Board (NEB) and the US Federal Energy Regulatory Commission (FERC) which regulate pipeline tolls in Canada and the US respectively.

West Texas Intermediate Chicago:  West Texas Intermediate (WTI) is the main benchmark price for light sweet crude in North America and specifies delivery at Cushing, Oklahoma. Prices are based on daily closing prices for WTI posted on NYMEX in US dollars per barrel. Prices are converted to Canadian dollars per cubic metre using the Bank of Canada’s daily noon exchange rate and applying a volumetric ratio (6.29:1) to convert the price per barrel to a price per cubic metre. Pipeline tolls are added for transport from Cushing to Chicago with toll rates obtained from the US Federal Energy Regulatory Commission (FERC) which regulates pipeline tolls in the US.

Brent Montreal:  Brent is the main benchmark price for light sweet crude in international markets and specifies delivery at Sullom Voe terminal, United Kingdom. Prices are based on daily closing prices for Brent posted on NYMEX in US dollars per barrel. Prices are converted to Canadian dollars per cubic metre using the Bank of Canada’s daily noon exchange rate and applying a volumetric ratio (6.29:1) to convert the price per barrel to a price per cubic metre. Transportation costs are added for shipping Brent crude by tanker to Portland, Maine, where it is transferred to a pipeline and transported to Montreal. Tanker rates are obtained from Bloomberg and pipeline toll rates are obtained from the National Energy Board (NEB) and the US Federal Energy Regulatory Commission (FERC) which regulate pipeline tolls in Canada and the US respectively.

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