WTI Crude Oil

WTI Crude Oil

Current Price $60.46 USD/barrel as of Jan 29, 2026

Price History

Where It's Produced

Production by Province

0% 25% 50% 75% 100%
Alberta 82.1%
Saskatchewan 10.4%
Newfoundland 5.2%
British Columbia 1.8%

Export Destinations

United States 96.8%
China 1.2%
United Kingdom 0.8%
Other 0.7%
Japan 0.5%

Key Facts

  • Canada has 168 billion barrels of proven reserves (3rd largest in the world after Venezuela & Saudi Arabia) (NRCan)
  • 97% of reserves are in Alberta oil sands (CER)
  • Oil and gas contributes ~\70B to Canada GDP annually (StatCan)
  • ~600,000 Canadians work in the energy sector (CAPP)

Data Sources

Production and trade data from Natural Resources Canada (NRCan), Statistics Canada, and industry sources.

Last updated: January 29, 2026 12:54 AM