Discount on Western Canada Select Heavy Crude Narrows

* WCS for December delivery in Hardisty, Alberta, settled at $11.45 a barrel under the WTI benchmark, according to brokerage CalRock, having settled at a discount of $11.65 a barrel under the U.S. benchmark in the previous session.

* Oil sands producer Suncor Energy reported a 20% increase in third-quarter production versus the same period a year earlier, hitting 828,600 barrels per day.

* Global oil prices held near a two-week low after dropping about 5% over the past two sessions, as investors absorbed OPEC’s latest downward revision for demand growth, a stronger U.S. dollar and disappointment over China’s latest stimulus plan.

(Reporting by Nia Williams in British Columbia; Editing by Rashmi Aich)