Canadian oil price discount

Western Canadian Select (WCS) Crude Oil Futures Quotes ... Find information for Western Canadian Select (WCS) Crude Oil Futures Quotes provided by CME Group. View Quotes

31 Mar 2020 In February 2020, the average monthly price of the Canadian oil benchmark Western Canadian Select (WCS) was 27.28 U.S.. 8 Jan 2020 Before the cuts, Western Canadian Select's discount to WTI has grown of crude -production limits has renewed risks of a price collapse similar  18 Mar 2020 (Bloomberg) -- In the oil price war between Saudi Arabia and Russia, Canadian producers to sell their crude at a discount to compete with an  12 Sep 2019 Back then, Canadian oil prices traded at a discount of more than $51 a barrel to the U.S. benchmark, according to S&P Global Platts. Settlement prices on instruments without open interest or volume are provided for web users only and are not published on Market Data Platform (MDP). 31 Mar 2020 That should narrow the discount between the price of WCS and the U.S. oil benchmark, enabling Canadian producers like Canadian Natural,  Canada's oil output receives an even lower price: Western Canadian Select ( WCS) – a Canadian benchmark for heavy crude exports – trades at a discount to  

Nov 11, 2018 · Economic cost of Canadian oil price discounts counted in billions of dollars. In Saskatchewan, each $1 change in the differential is equivalent to about $15 million in revenue, based on an assumed

Canadian oil price plunge to below $20 could lead to a ... Oct 15, 2018 · Canadian oil price plunge to below $20 could lead to a wave of new energy deals 'There's no better time (to consolidate) than when management teams have been beaten up, investors have completely Canadian light oil prices hit with same discounts ... Apr 03, 2018 · The same factors that have inflated the discount paid for Canadian oil sands heavy crude compared with U.S. oil are also driving a substantial … Is Canada really sending $80 million in oil wealth to the ... Nov 21, 2018 · From the perspective of the Canadian economy, the oil price differential is sort of a moot point in this case: Even if the producer is getting a bad price relative to …

Nov 11, 2018 · Economic cost of Canadian oil price discounts counted in billions of dollars. In Saskatchewan, each $1 change in the differential is equivalent to about $15 million in revenue, based on an assumed

Canadian light oil drilling up but stymied by price ... Oct 10, 2018 · But the opportunity is limited without new pipeline capacity as light oil light oil suffers similar pricing discounts as those being experienced by heavy crude producers. “Canadian light crude prices have also taken a hit over the summer as Edmonton light differentials swelled to over C$20/bbl,” Deloitte said in its Q3/2018 price forecast. Some Canadian producers push back as Alberta orders oil ... Dec 03, 2018 · Several oil companies in Canada pushed back on Monday against Alberta's mandated cuts in crude production, warning about excessive government intervention even as the discount on Canadian crudes UPDATE 2-Canada heavy crude prices slump below $20, lowest ... Jan 06, 2016 · A January presentation released by producer Canadian Oil Sands Ltd, which is fending off a hostile takeover bid from competitor Suncor Energy, showed the average breakeven U.S. crude price at 10 Canada WCS crude discount to CMA seen at $19-$20/b through ...

Canada WCS crude discount to CMA seen at $19-$20/b through ...

Sep 26, 2018 · Canadian heavy oil trading at 'outrageous' $40 discount as global prices rally Global oil prices are eyeing US$100 — Canadian oilpatch will be lucky to crack US$50 Canadian Oil Pain Grows as Crude Discount to WTI Hits $40 ...

Canadian Dollar's Correlation to Oil is Back, and this ...

Canada's oil output receives an even lower price: Western Canadian Select ( WCS) – a Canadian benchmark for heavy crude exports – trades at a discount to   13 Mar 2020 Canadian heavy crude's discount widened versus U.S. benchmark West Texas Intermediate (WTI) oil on Friday, as global prices rebounded.

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  21 Mar 2019 Canada's oil price discount. The lack of new pipelines to access overseas markets is costing Canada jobs, prosperity and tax revenues. Mar 21  WTI is a light crude oil, lighter than Brent Crude oil. "WCS prices at a discount to WTI because it is a lower  31 Mar 2020 In February 2020, the average monthly price of the Canadian oil benchmark Western Canadian Select (WCS) was 27.28 U.S.. 8 Jan 2020 Before the cuts, Western Canadian Select's discount to WTI has grown of crude -production limits has renewed risks of a price collapse similar  18 Mar 2020 (Bloomberg) -- In the oil price war between Saudi Arabia and Russia, Canadian producers to sell their crude at a discount to compete with an