Try our corporate solution for free!
(212) 419-8286

Western Canadian Select (WCS) crude oil monthly price 2019-2020

In December 2020, the average monthly price of the Canadian oil benchmark Western Canadian Select (WCS) amounted to 37.32 U.S. dollars per barrel. That was a decrease of some two U.S. dollars compared to the price a year prior and a result of the coronavirus pandemic and subsequent decline in oil demand. WCS is a heavy sour blend of crude oil, produced exclusively in Western Canada.

Western Canada’s oil production

As the country with one of the largest oil reserves in the world, the Canadian oil sands are a crucial part of the Canadian energy sector. Not only are the oil sands a vital part of the Canadian energy supply, they play a large part in the Canadian economy. Furthermore, they are the largest single source of oil imports to their neighbors to the south, the United States. Oil sands are a combination of sand, water, and bitumen, and is therefore a more expensive source of crude oil than conventional oil, due to the large amount of processing required to produce a useable form of crude oil. The Canadian oil sands deposits are concentrated in the provinces of Alberta and Saskatchewan: Athabasca, Cold Lake, and Peace River.

Canadian oil sands by the numbers

In 2019, Canada’s oil sands production amounted to a total of about 171 million cubic meters, an increase from the 35.4 million cubic meters produced in 2000. The oil sands in Canada are a lucrative natural resource, with a value of 61.3 billion Canadian dollars.

Average monthly Western Canadian Select (WCS) crude oil price from December 2019 to December 2020

Exclusive Premium statistic

You need a Single Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Single Account

$39 $59 per month *
in the first 12 months
33% discount until March 31st
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$468 / Year
$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in

Release date

January 2020



Survey time period

December 2019 to December 2020

Supplementary notes

Western Canadian Select has the following characteristics:
API density: 20.5 to 21.5°
Sulfur content: 3.0 to 3.5% w/w
Density: 925 to 935 kg/m³
Figures prior to January 2020 were provided by the following source.

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Single Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* Prices do not include sales tax.

Statistics on "Oil and gasoline prices"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.