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
Zachry Integrity Engineering
Copper Tip Energy Services
Copper Tip Energy
Hazloc Heaters
Zachry Integrity Engineering


Discount on Western Canada Select Heavy Crude Steady


These translations are done via Google Translate

Railcars holding crude oil The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) was steady on Friday:

* WCS for March delivery in Hardisty, Alberta, settled at $13.15 a barrel under WTI, according to brokerage CalRock, having also ended at a $13.15 discount on Thursday.

* The discount on Canadian heavy crude prices has been easing since February 5, when it sat at $14 a barrel under WTI.


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


* Global oil prices settled down on Friday on prospects for a peace deal between Russia and Ukraine that could ease global supply disruptions by ending sanctions against Moscow, but losses were limited by a delay in U.S. immediate reciprocal tariffs.29dk2902l

(Reporting by Georgina McCartney in Houston; Editing by Mohammed Safi Shamsi)

Share This:




More News Articles


GET ENERGYNOW’S DAILY EMAIL FOR FREE