VIDEO: Canadian Oil Profits & Losses Explained 2017 2018 – Not A Love Story

This short video shows that the price of oil you see on TV is far from what Canadian Oil Producers receive. As a basis for comparison we used Western Canadian Select (aka W.C.S.) which is a blend of several oils that is about 20% lower quality than the North American Standard oil West Texas Intermediate (aka. W.T.I.).  If you want more information on what the different types of oil are and what they are worth, see our article: Oil isn’t Oil:…

Oil isn’t Oil: What Are The Different Types of Crude Oil?

When we watch the TV or read the newspaper we often see something like “OIL IS UP TODAY” but we really don’t know what that means because there are so many different types of crude oil, each with its own price. Below we briefly explore the 6 oil products that are common to Canadians and Americans and at the bottom of this article we show 60 crude oil types and their prices from around the globe.   You can see that…