The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) narrowed on Tuesday:
* WCS for March delivery in Hardisty, Alberta, settled at $13 a barrel under WTI, according to brokerage CalRock, having ended at a $13.20 discount on Monday.
* The discount on Canadian heavy crude prices has been easing since February 5, when it sat at $14 a barrel under WTI.
* Trump paused his plan to impose a 10% levy on Canadian oil for 30 days on February 3, in return for concessions on border and crime enforcement.
* Canada exports approximately 4 million barrels of oil per day to the United States.
* Global oil prices edged up to a two-week high on Tuesday as sanctions raised concerns about Russian and Iranian oil supplies and on rising Middle East tensions, outweighing worries that trade tariffs would boost inflation and dampen global economic growth.
(Reporting by Amanda Stephenson in Calgary; Editing by Alan Barona)