17 Mar 2020 As global oil benchmarks crash below $25 a barrel, some crude from Canada is already trading below $10 for the first time ever.

Western Canadian Select is one of North America's largest heavy crude oil streams. It is a heavy blended crude oil, composed mostly of bitumen blended with sweet synthetic and condensate diluents and 25 existing streams of both conventional and unconventional Alberta heavy crude oils at the large Husky Energy terminal in Hardisty, Alberta. Western Canadian Select—which is the benchmark for Western Canadian Select Explained | Oil Sands Magazine The two most popular Canadian benchmarks are Canadian Light and Western Canadian Select. WCS is a heavy sour blend, while Canadian Light is a blend of light conventional crudes, similar in quality to WTI. Shown below is a snapshot of the most common North American benchmarks and key foreign imports. Products Streams: Dilbit, Synbit and Synthetic Crude ... Oil sands facilities produce one of two products: either a heavy marketable diluted bitumen (commonly referred to as Dilbit), or a light synthetic crude oil. Dilbit is a heavy sour crude, while synthetic crude is a light sweet oil, produced only through bitumen upgrading.Both are sold to …

Canadian light oil prices hit with the same discounts ...

26 Mar 2020 The price of oil from Western Canada hit an a record low on That's because WCS is a blend of bitumen and an ultra light oil that helps move  from the oil sands in Western Canada has also risen significantly. LIGHT. HEAVY. CANADIAN CRUDE OIL PRODUCTION BY TYPE (million barrels per day). Brent Crude is a particularly light crude oil which is carried from the North Sea to the Sullom Voe Terminal on Mainland, Shetland by an underwater pipeline. Petroleum. Argus White Paper: WCS Houston: A new price signal for heavy crude at the US Gulf coast. Growing Canadian heavy crude output and new pipeline Argus responded to growing spot trade of light crude arriving at Magellan's East  CL.1 | A complete Crude Oil WTI (NYM $/bbl) Front Month futures overview by MarketWatch. View the futures and commodity market news, futures pricing and 

donors from Belgium, Canada, Denmark, Finland, France, Germany, the of crude prices dating from late 2003 has seen the differential between light (high API).

26 Mar 2020 Western Canada Select (WCS), the price obtained for many Alberta producers of oil, averaged US$27.28 a barrel in February 2020, 39.8%  Read the latest news about oil and the oil markets. Light Crude Oil (CL1:COM) as the Canadian oil company suffers from a historic decline in crude prices. WTI is a light crude oil, lighter than Brent Crude oil. It contains about 0.24% sulfur, rating it a sweet crude, sweeter  17 Mar 2020 As global oil benchmarks crash below $25 a barrel, some crude from Canada is already trading below $10 for the first time ever.

Western and Eastern Canadian crude oil production forecast ...

26 Mar 2020 The price of oil from Western Canada hit an a record low on That's because WCS is a blend of bitumen and an ultra light oil that helps move  from the oil sands in Western Canada has also risen significantly. LIGHT. HEAVY. CANADIAN CRUDE OIL PRODUCTION BY TYPE (million barrels per day). Brent Crude is a particularly light crude oil which is carried from the North Sea to the Sullom Voe Terminal on Mainland, Shetland by an underwater pipeline. Petroleum. Argus White Paper: WCS Houston: A new price signal for heavy crude at the US Gulf coast. Growing Canadian heavy crude output and new pipeline Argus responded to growing spot trade of light crude arriving at Magellan's East  CL.1 | A complete Crude Oil WTI (NYM $/bbl) Front Month futures overview by MarketWatch. View the futures and commodity market news, futures pricing and  Crude oil is classified as light, medium, or heavy, which refers to the oil's relative Alberta, Canada has one of the largest oil sands deposits in the world. donors from Belgium, Canada, Denmark, Finland, France, Germany, the of crude prices dating from late 2003 has seen the differential between light (high API).

U.S. FOB Costs of Canadian Light Sour Blend Crude Oil ...

Live Crude Oil Price Today from OPEC, North America, Europe, Asia USD/Barrel. Live & Historical Price Charts Oil Prices - Alberta The West Texas Intermediate (WTI) price of oil, often a world reference price quoted in the media, averaged US$50.62 a barrel in February 2020, 7.9% lower than it was a year earlier. Western Canada Select (WCS), the price obtained for many Alberta producers of oil, averaged US$27.28 a barrel in February 2020, 39.8% lower than it was a year earlier.

Canadian light/synthetic price spreads never did widen as much as the WCS spread and are still narrower. -30 A rising tide floats all boats Rising global oil prices are pulling Canadian oil prices higher. So far this year, WTI and Brent have averaged about 25% above 2017 averages. Western Canadian light and synthetic oil blends are up around 20%. Aramco Slashes Crude Pricing, Starting Oil War as OPEC ... Mar 08, 2020 · Aramco slashed its official selling price for flagship Arab Light crude to buyers in Asia by $6 a barrel, to a discount of $3.10 below the Middle East benchmark. The cuts eclipsed the $1.90 reduction expected by traders and refiners. CER – Crude Oil and Petroleum Products Canadian Crude Oil Exports by Rail – Monthly Data (Canadian exports only 2012-2019) Commodity Tracking System Footnote 1 – Crude Oil and Petroleum Products (Monthly and annual crude oil statistics and includes dynamic formulation for total exports of crude and petroleum products) Estimated Production of Canadian Crude Oil and Equivalent Crude Oil Price Forecast - Financial Forecast Center