Sign Up for FREE Daily Energy News
canada flag CDN NEWS  |  us flag US NEWS  | TIMELY. FOCUSED. RELEVANT. FREE
  • Stay Connected
  • linkedin
  • twitter
  • facebook
  • instagram
  • youtube2
BREAKING NEWS:
Hazloc Heaters
Copper Tip Energy Services
Zachry Integrity Engineering
Zachry Integrity Engineering
Hazloc Heaters
Copper Tip Energy


Heavy Oil Discount Narrows, Holds in Range


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) tightened on Monday:

* WCS for October delivery in Hardisty, Alberta, settled at $13.50 a barrel below WTI, according to brokerage CalRock, having settled at $13.75 a barrel under the benchmark on Friday.

* Canadian heavy crude prices continue to trade in the narrow range between $13.50 and $14.00 a barrel below benchmark U.S. crude that they have been in all month.

GLJ
BBA Consultants
GESC - Global Energy Show Canada 2026

* Global oil prices rose as the ongoing impact of Hurricane Francine on output in the U.S. Gulf of Mexico offset persistent Chinese demand concerns ahead of this week’s U.S. Federal Reserve interest rate cut decision.


Get the Latest Canadian Focused Energy News Delivered to You! It's FREE: Quick Sign-Up Here


(Reporting by Nia Williams in British Columbia; Editing by Sonali Paul)



Share This:



More News Articles


GET ENERGYNOW’S DAILY EMAIL FOR FREE