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

BOE Report

Sign up
  • Home
  • StackDX Intel
  • 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/Data
    • CAOEC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
    • Data
      • Canada Oil Market Data
      • Canada NG Market Data
      • USA Market Data
      • Data Downloads
  • Jobs

Discount on Western Canada Select heavy crude widens

December 3, 20244:34 PM Reuters0 Comments

The discount on Western Canada Select (WCS) heavy crude versus the North American benchmark West Texas Intermediate (WTI) widened slightly on Tuesday:

* WCS for January delivery in Hardisty, Alberta, settled at $12.30 a barrel under the WTI benchmark, according to brokerage CalRock, having settled at a discount of $12.00 a barrel under the U.S. benchmark on Monday.

* Canadian heavy crude prices are steady at relatively strong levels as oil sands production holds near record highs and refinery activity picks up over the winter, said RBN Energy analyst Martin King.

* Global oil prices rose more than 2% as Israel threatened to attack the Lebanese state if its truce with Hezbollah collapses and as investors positioned for OPEC+ to announce an extension of supply cuts this week.

* The outright price of WCS was over $57 a barrel.

(Reporting by Nia Williams in British Columbia; Editing by Sumana Nandy)

Follow BOE Report
  • Facebook
  • X
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • Just Two Weeks Away: Hear from the Government of Alberta and Other Key Voices in Canada’s Oil and Gas Industry
  • From Scrap to Solution: How Gas Compressor Conversions Are Powering Alberta’s Future
  • ELM Inc. announces strategic partnership with Willow Lake Metis Group (WLMG)
  • EU looking at faster Russian oil and gas exit, after US pressure
  • How united is the ‘autocratic alliance’ challenging the West?

Return to Home
Alberta GasMonthly Avg.
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
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contact
    • Report Error
    BOE Network
    © 2025 Stack Technologies Ltd.