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Hazloc Heaters
WEC - Western Engineered Containment
Hazloc Heaters
Copper Tip Energy
WEC - Western Engineered Containment


Discount on Western Canada Select Heavy Crude Widens


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) widened on Friday:

* WCS for December delivery in Hardisty, Alberta, settled at $11.60 a barrel under the WTI benchmark, according to brokerage CalRock, having settled at a discount of $11.45 a barrel under the U.S. benchmark on Thursday.

* Global oil prices settled down more than 2% as investors fretted about weaker Chinese demand and a potential slowing in the pace of U.S. Federal Reserve interest rate cuts.

* The outright price of WCS dropped below $56 a barrel.

(Reporting by Nia Williams in British Columbia; Editing by Mohammed Safi Shamsi)



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