• Sign up for the Daily Digest E-mail
  • Facebook
  • Twitter
  • LinkedIn
Sign up
  • Home
  • Headlines
    • Latest Headlines
    • Columns
    • Discussions
  • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts
    • CAODC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
  • Industry Data
    • Canada Well Licences
    • USA Market Data
    • Data Subscription
  • Jobs

BOE Report

Sign up
  • Home
  • Headlines
    • Latest Headlines
    • Columns
    • Discussions
  • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts
    • CAODC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
  • Industry Data
    • Canada Well Licences
    • USA Market Data
    • Data Subscription
  • Jobs

Heavy crude differential narrows slightly

August 7, 20184:01 PM Reuters0 Comments

The Canadian heavy oil differential narrowed against the West Texas Intermediate (WTI) benchmark on Tuesday:

* Western Canada Select (WCS) heavy blend crude for September delivery in Hardisty, Alberta, settled at $31.00 a barrel below the WTI benchmark crude futures , according to Shorcan Energy brokers. That compared with Friday's settle of $31.15 under WTI.

* The differential has grown as U.S. refiners plan more extensive than usual downtime for maintenance this autumn, and pipelines are clogged, industry officials said.

* Analysts said they expect the differential to remain higher than usual, and volatile, in coming months.

* The Syncrude oil sands site began restoring production last month, adding to a squeeze moving crude from Alberta via pipeline and rail.

* Light synthetic crude from the oil sands for September delivery last traded at $3 a barrel over WTI, unchanged from Friday's settle.

(Reporting by Julie Gordon in Vancouver; Editing by Richard Chang)

Syncrude

Follow the BOE Report
  • Facebook
  • Twitter
  • LinkedIn
Sign up for the BOE Report Daily Digest E-mail
Latest Headlines
  • Freehold Royalties Ltd. Announces New President and Chief Executive Officer
  • Vermilion Energy Inc. Announces 2021 Budget
  • Hillcrest Closes Private Placement
  • Alberta urges Trudeau to press Biden, save Keystone XL pipeline
  • Knowledge Energy Inc. – non-core property divestiture

Return to Home
Alberta Gas
CAD/GJ
Market Data by TradingView





    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    Resources
    • App
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contribute
    • Contact
    • Report Error
    Featured In
    • CamTrader
    • Rigger Talk
    Data Partner
    • Foxterra
    BOE Network
    © 2021 Grobes Media Inc.