• Sign up for the Daily Digest E-mail
  • Facebook
  • Twitter
  • LinkedIn

BOE Report

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

Heavy crude differential widens slightly

June 14, 20216:45 AM Reuters0 Comments

crude oil rail cars
Railcars holding crude oil

Canadian heavy crude’s discount to West Texas Intermediate (WTI) widened slightly on Friday.

Western Canada Select (WCS) heavy blend crude for July delivery in Hardisty, Alberta, traded at $14 per barrel below the WTI benchmark, according to NE2 Canada Inc, widening from Thursday’s settle of $13.95 a barrel under the benchmark.

The Canadian heavy crude differential has held in a narrow range between $14.60 a barrel and $13.70 a barrel below U.S. futures so far this month.

Increasing Midwest refining demand, some unplanned oil production issues and upcoming maintenance at an oil sands site have kept the discount small, an industry source said.

Global oil prices reached fresh multi-year highs, closing out a third straight week of gains on an improved outlook for worldwide demand as rising COVID-19 vaccination rates help lift pandemic curbs.

Follow the BOE Report
  • Facebook
  • Twitter
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • U.S. court vacates decision to block federal oil, gas leasing pause
  • Oil prices turn more volatile as investors worry about market
  • AltaGas announces closing of hybrid note offering
  • NW Pembina Cardium Land for sale or farmout
  • Calroc Industries has the following equipment for sale

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

    Report Error





    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    • Editorial 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
    © 2022 Grobes Media Inc.