7 Nov 2019 Canadian crude continues to trade at a steep discount to WTI following a leak late last month that caused a spill in North Dakota. 11 Nov 2018 It estimates the cost at about C$50 million per day in October as discounts for Western Canadian Select bitumen-blend crude oil versus New York 5 Nov 2019 The price of Western Canadian Select crude oil is reeling as a $22.15 discount to U.S. benchmark West Texas Intermediate prices, the most 9 Mar 2020 'It's a game of survivor': Alberta energy industry braces as oil prices as the discount on Western Canadian Select heavy oil widened sharply, 10 Jan 2020 Canadian heavy crude's discount to U.S. benchmark oil hit the widest since Alberta introduced a plan to limit the province's production more 16 Jan 2020 Crude-oil prices were supported by the signing of the trade deal with Beijing that “could mean more U.S. oil headed for China, in addition to the
2 Feb 2016 Great Canadian Oil Sands Company (now called Suncor Energy). GCOS. Great Canadian 2 Getting to market: the oil sands price discount .
Canadian crude was trading at a 77-per-cent discount to benchmark North American oil at the end of this week. Prices have fallen for much of the past two weeks, with Western Canadian Select (WCS) — The head of the Canadian Association of Petroleum Producers called the discount a “crisis” in an interview with the Calgary Herald last week, as producers miss out on a rise in global oil prices. The difference between New York-traded West Texas Intermediate and Edmonton Light oil prices widened to US$7.32 per barrel in January, an 86 per cent increase over the average of US$3.93 per barrel in the fourth quarter of last year, The price of the heavy type of oil that comes out of Alberta's oilsands — known as Western Canada Select — is now trading below $40 US a barrel, and was changing hands at $38.29 a barrel on
Canadian heavy oil trading at 'outrageous' $40 discount as global prices rally. CALGARY – Canadian oil producers are missing out on a recent rally in global oil prices as the discount for domestic crude flirts with all-time highs in recent weeks.
11 Apr 2019 Alberta's oil production cuts and lack of progress on new pipeline record wide price discount for Western Canadian Select to WTI at Cushing. 6 Mar 2019 and led to a nosedive in WCS (Western Canadian Select) oil prices. The discount on WCS relative to WTI (West Texas. Intermediate) jumped to 11 Nov 2018 Estimates on the cost to the economy vary wildly, but the Canadian Association of Petroleum Producers officially estimates the impact as at 7 Mar 2018 These are the reasons—hiding in plain sight—why Western Canada bitumen fetches the infamous “discount” price per barrel compared to oil 17 Nov 2018 Western Canada's oil companies must settle for a discounted price for their products thanks to production gains that have not been matched by 6 May 2019 Meanwhile, Canada went to work extracting from Alberta's oil sands, the world's third-largest crude oil reserve. As a result of this local production,
6 Mar 2019 and led to a nosedive in WCS (Western Canadian Select) oil prices. The discount on WCS relative to WTI (West Texas. Intermediate) jumped to
Every $1 increase in the price discount for Western Canadian heavy oil over the course of a year will cost the Alberta treasury about $210 million. Canadian crude was trading at a 77-per-cent discount to benchmark North American oil at the end of this week. Prices have fallen for much of the past two weeks, with Western Canadian Select (WCS) —
16 May 2019 Western Canadian Select crude's discount to WTI shrank to less than $10 a barrel early this year. But the price difference was so small it made
16 May 2019 Western Canadian Select crude's discount to WTI shrank to less than $10 a barrel early this year. But the price difference was so small it made 21 Nov 2018 The $50 difference between those two prices, often simply called “the discount,” is the bane of Alberta's existence. It's a daily reminder that you 9 May 2018 That sent the closely watched Western Canadian Select heavy-oil price benchmark sharply lower relative to global prices. Although the spread At some fundamental level, Canadian oil/bitumen prices (WCS = Western Canadian Select) move up/down with WTI (West Texas Intermediate) which is an