Manitoba
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Manitoba Innovation, Energy and Mines

Oil Prices

Oil Price Updates and Monthly Oil Prices

OIL PRICE UPDATES 2009 WEIGHTED AVERAGE PRICE

*Manitoba LSB

 **Edmonton Par

2009 Price
Change Date

October 2
October 14
October 15
October 21
October 28
October 30

November 3
November 6
November 12
November 17
November 23

Increase/
(Decrease)

($13.00)
$9.00
$16.00
$31.00
($11.00)
$11.00

($9.00)
($13.00)
($11.00)
$17.00
($18.00)


$/M3

$453.00
$462.00
$478.00
$509.00
$498.00
$509.00

$500.00
$487.00
$476.00
$493.00
$475.00


$/BBL.

$71.99
$73.42
$75.96
$80.88
$79.14
$80.88

$79.45
$77.39
$75.64
$78.34
$75.48

Increase/
(Decrease)

($19.00)
$10.00
$16.00
$30.00
($11.00)
$10.00

($5.00)
($14.00)
($11.00)
$17.00
($17.00)


$/M3

$461.00
$471.00
$487.00
$517.00
$506.00
$516.00

$511.00
$497.00
$486.00
$503.00
$486.00


$/BBL

$73.26
$74.85
$77.39
$82.16
$80.41
$82.00

$81.20
$78.98
$77.23
$79.93
$77.23

 

MONTHLY OIL PRICE 2002-2009 WEIGHTED AVERAGE PRICE

 

*Manitoba LSB

**Edmonton Par

Selling Price    
Manitoba Production
2009

January
February
March
April
May
June
July
August
September
October
November
December
Avg. 2009

$/M3
$267.71
$285.70
$376.86
$370.95
$400.95
$459.18
$425.23
$456.60
$459.29
$479.10


$398.16

 $/BBL.

$42.54
$45.40
$59.89
$58.95
$63.71
$72.97
$67.57
$72.56
$72.99
$76.13


$63.27		 $/M3

$277.76
$293.20
$391.45
$386.57
$406.75
$466.23
$434.64
$470.45
$447.43
$487.57


$406.21

$/BBL.

$44.14
$46.59
$62.21
$61.43
$64.64
$74.09
$69.07
$74.76
$71.10
$77.48


$64.55

 $/M3

$261.49
$278.08
$410.12
$410.67

$/BBL.

$41.58
$44.19
$65.17
$65.26

 
2008

January
February
March
April
May
June
July
August
September
October
November
December
Avg. 2008

$/M3
$551.00
$551.43
$635.45
$695.41
$747.86
$814.67
$819.41
$746.60
$645.29
$517.91
$376.63
$243.52
$612.10

$/BBL.

$87.56
$87.63
$100.98
$110.51
$118.84
$129.46
$130.21
$118.64
$102.54
$82.30
$59.85
$38.70
$97.27

$/M3

$605.05
$590.86
$668.10
$746.64
$790.95
$863.86
$881.05
$767.60
$671.67
$543.55
$401.00
$267.00
$649.78

$/BBL.

$96.15
$93.89
$106.17
$118.65
$125.69
$137.28
$140.01
$121.98
$106.73
$86.38
$63.72
$42.43
$103.26



$572.33
$567.39
$647.92
$706.93
$760.81
$828.72
$834.40
$746.17
$649.74
$499.82
$377.10
$242.67
$619.48



$90.90
$90.16
$102.96
$112.34
$120.90
$131.69
$132.59
$118.57
$103.25
$79.43
$59.92
$38.56
$98.44
2007

January
February
March
April
May
June
July
August
September
October
November
December
Avg. 2007

$/M3

$369.27
$407.55
$420.09
$432.45
$428.59
$446.00
$498.10
$486.95
$462.53
$458.18
$532.00
$534.95
$456.39
 

$/BBL.

$58.68
$64.76
$66.76
$68.72
$68.11
$70.87
$79.15
$77.38
$73.50
$72.81
$84.54
$85.01
$72.52

$/M3

$409.27
$436.10
$436.59
$455.40
$462.55
$473.00
$527.05
$512.95
$508.42
$511.32
$568.57
$571.95
$489.43

$/BBL.

$65.04
$69.30
$69.38
$72.37
$73.50
$75.16
$83.75
$81.51
$80.79
$81.25
$90.35
$90.89
$77.78



$372.17
$406.87
$420.83
$436.55
$435.43
$452.57
$505.06
$489.19
$479.02
$475.48
$547.58
$551.38
$464.34



$59.14
$64.66
$66.87
$69.37
$69.19
$71.92
$80.26
$77.74
$76.12
$75.56
$87.02
$87.62
$73.79
2006

January
February
March
April
May
June
July
August
September
October
November
December
Avg. 2006



$398.62
$379.25
$381.61
$441.05
$463.86
$461.05
$494.30
$473.86
$408.85
$368.76
$369.05
$402.58
$420.24

 



63.34
60.27
60.64
70.09
73.71
73.27
78.55
75.30
64.97
58.60
58.65
63.97
66.78
 

 



$447.95
$423.75
$428.04
$477.68
$532.41
$507.55
$549.45
$511.14
$453.05
$396.29
$401.90
$433.21
$463.54

 



71.18
67.34
68.02
75.91
84.60
80.65
87.31
81.22
71.99
62.97
63.87
68.84
73.66

 



$430.86
$401.69
$397.91
$451.88
$484.04
$467.34
$507.33
$480.06
$419.01
$355.05
$368.49
$401.95
$430.47

 



68.47
63.83
63.23
71.81
76.92
74.26
80.62
76.29
66.58
56.42
58.56
63.87
68.41

 
2005

January
February
March
April
May
June
July
August
September
October
November
December
Avg. 2005
 

$322.90
$347.50
$386.18
$367.38
$338.90
$413.68
$432.65
$462.55
$443.67
$427.80
$390.71
$371.05
$392.08
 

51.31
55.22
61.37
58.38
53.85
65.74
68.75
73.50
70.50
67.98
62.09
58.96
62.31
 



$359.65
$384.20
$433.95
$421.48
$392.24
$443.09
$462.20
$501.82
$505.19
$486.05
$455.05
$421.50
$438.87
 



57.15
61.05
68.96
66.98
62.33
70.41
73.45
79.74
80.28
77.24
72.31
66.98
69.74
 



$309.49
$351.13
$370.65
$372.51
$347.21
$414.88
$433.95
$464.86
$448.72
$431.55
$405.18
$390.32
$395.03
 



49.18
55.80
58.90
59.20
55.17
65.93
68.96
73.86
71.30
68.58
64.39
62.03
62.77
 
2004

January
February
March
April
May
June
July
August
September
October
November
December
Avg. 2004

$266.29
$279.05
$289.65
$289.52
$316.65
$309.14
$321.38
$352.62
$348.52
$384.00
$313.48
$270.00
$311.69
 

42.32
44.34
46.03
46.01
50.32
49.12
51.07
56.03
55.38
61.02
49.81
42.91
49.53
 

$276.24
$287.60
$316.91
$314.38
$332.10
$322.09
$332.81
$369.57
$373.57
$408.95
$366.10
$322.95
$335.27

 

43.90
45.70
50.36
49.96
52.77
51.18
52.89
58.73
59.36
64.99
58.18
51.32
53.28
 

$256.73
$267.49
$281.63
$282.93
$313.05
$302.00
$316.63
$348.80
$346.84
$381.86
$312.46
$270.70
$306.93
 

40.80
42.51
44.75
44.96
49.75
47.99
50.32
55.43
55.12
60.68
49.65
43.02
48.77
 
2003

January
February
March
April
May
June
July
August
September
October
November
December
Avg. 2003

$301.86
$324.55
$288.67
$238.81
$229.86
$246.67
$250.14
$261.30
$223.14
$229.59
$238.42
$247.14
$256.68
 



47.97
51.57
45.87
37.95
36.53
39.20
39.75
41.52
35.46
36.48
37.89
39.27
40.79
 

$317.68
$342.00
$316.67
$268.52
$259.19
$272.48
$269.09
$275.55
$238.33
$245.18
$251.16
$260.05
$276.33
 

50.48
54.35
50.32
42.67
41.19
43.30
42.76
43.79
37.87
38.96
39.91
41.32
43.91
 

$293.28
$317.29
$278.74
$230.39
$221.41
$237.73
$242.32
$253.09
$215.99
$223.72
$230.86
$239.44
$248.61

 

46.60
50.42
44.29
36.61
35.18
37.78
38.51
40.22
34.32
35.55
36.69
38.05
39.51
 

2002

January
February
March
April
May
June
July
August
September
October
November
December
Avg. 2002

 

$/m3

$164.91
$187.30
$227.25
$248.45
$247.32
$232.15
$247.32
$260.14
$269.80
$257.86
$235.15
$270.50
$237.35

 

$/bbl

26.21
29.76
36.11
39.48
39.30
36.89
39.30
41.34
42.87
40.98
37.37
42.98
37.72
 

$/m3

$194.32
$205.40
$241.60
$257.64
$260.77
$247.05
$263.95
$274.86
$287.20
$280.18
$254.00
$286.25
$254.44

 

$/bbl

30.88
32.64
38.39
40.94
41.44
39.26
41.94
43.68
45.64
44.52
40.36
45.49
40.43

 

$/m3

$158.14
$178.71
$218.38
$240.52
$240.00
$224.87
$241.37
$252.65
$250.70
$250.70
$228.05
$261.38
$230.59

 

$/bbl

25.13
28.40
34.70
38.22
38.16
35.73
38.36
40.15
39.84
39.84
36.24
41.54
36.64

 

Effective Feb 1/00 - Monthly Average Price does not include weekends and statutory holidays.

*Based on Esso Petroleum Canada's posted price for Light Sour Blend (LSB) delivered at Cromer, Manitoba. Density 850 kg/m3 Sulphur 12.0 g/kg.

** Based on Esso Petroleum Canada's posted price for Par at Edmonton. Density 825 kg/m3 Sulphur 3.0 g/kg.

Please note that Imperial Oil's postings are now on the Internet at "www.imperialoil.ca".