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Heavy Oil Discount Holds Steady


These translations are done via Google Translate
The discount on Western Canada Select (WCS) heavy crude versus the North American benchmark West Texas Intermediate (WTI) was steady on Friday:

* WCS for October delivery in Hardisty, Alberta, settled at $13.70 a barrel below WTI, according to brokerage CalRock, unchanged from the previous day’s settlement.

GLJ
BBA Consultants

* Global oil prices settled 2% lower, with a big weekly loss after U.S. jobs data was weaker-than-expected in August, which outweighed price support from a delay to supply increases by OPEC+ producers.


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* The outright price of WCS was around $54 a barrel.



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