High crude oil prices also mean higher USD earnings for Canada on its exports, meaning a strong supply of US dollars flowing into Canada, resulting in an increase in the value of the Canadian dollar. The live OIL CAD gold prices in Canadian Dollars you see here are updated every 3 seconds real-time. Convert the gold prices into the major currencies, without the need to refresh the page. PUBLISHED - Sep 26, 2019. The West Texas Intermediate (WTI) price of oil, often a world reference price quoted in the media, averaged US$54.81 a barrel in August 2019, 19.2% lower than it was a year earlier. Western Canada Select (WCS), the price obtained for many Alberta producers of oil, averaged US$43.10 a barrel in August 2019,