Alberta wcs differential
WebWestern Canadian Select (WCS) is lower quality sulfur-containing crude oil with 20.3 API Gravity. The price difference between WTI and WCS is the indicator for whether or not the US refinery to increase crude imports from Canada. Spread narrows down when imports increase. Latest Stats WTI and WCS Price Difference 1980-01-01 0.0000 0.0000 WebNov 26, 2024 · The WTI-WCS spread is referred to as the light-heavy differential. Alberta’s heavy oil is a low-quality crude that always sells at a discount to lighter, higher quality oil. It costs money to deliver it to Cushing which further reduces its price.
Alberta wcs differential
Did you know?
WebMar 18, 2024 · WCS differentials to both WTI and Canadian Light presently sit just above US$10/barrel, representing a mere 10% discount to light/sweet crude in both Alberta and Cushing, OK.. For now, production and pipeline export capacity are lining up. Rail exports flatlined at about 130,000 bbl/day for much of last year, which means there is plenty of … WebBudget 2014 forecast that the 2014-2015 West Texas Intermediate (WTI) - Western Canadian Select (WCS)- differential, would be 26% with the WTI price at US$95.22. [8] By December 2014 4 December 2014 WTI had dropped to $US67.25 bbl and WCS to US$50.70 with a differential of 16%. [9] References [ edit] ^ "Effective January 1".
WebDescription: The combined area and line chart shows the volumes of crude oil exported by rail as an area chart and the WCS-WTI differential as a line chart. When the WCS-WTI differential increases, the volume of crude oil exported by rail generally increases. In 2016, the volume of crude oil exported by rail averaged 88 Mb/d (14.0 10³m³/d). WebAlberta Health Services has weight management services for adults and children and their families. These services support adults, children and their families working towards …
WebOct 4, 2024 · Western Canadian Select (WCS), the benchmark for bitumen from the oil sands, trades at a discounted price compared to higher quality products like West Texas Intermediate (WTI), for example. While the difference in quality accounts for most of the price differential between the two, the rest of the price discount can be explained by … WebOct 29, 2024 · US$82.81 on Thursday. The WTI-WCS differential closed at US$15.50 per barrel, wider than US$15.05 per barrel a week ago. New: Economic Activity The Alberta …
WebHealthcare professional education at community organization/site (Must have more than 10 confirmed attendees) Community services are only available within the Edmonton Zone. …
WebOct 1, 2024 · * The widening WCS differentials held close to levels hit last week, the tightest in five months, supported by Enbridge Inc ENB.TO completing its Line 3 replacement project, which will roughly... bird damaged rear fencing poleWebFeb 8, 2024 · • Alberta government curtailment program put on hold. While the government’s regulatory authority to curtail crude oil production extended through 2024, starting in December 2024, Alberta’s government lifted the monthly crude oil curtailment. • Marten Hills asset sale. dalton beach club gaWebHowever, on either side of the provincial border there are stark differences in the number of wells drilled, well length, well productivity, and natural gas production. bird cuttersWebDec 15, 2024 · WCS is an especially heavy, sour crude, which means that it will almost always be worth less than a light, sweet barrel like WTI. That relative value of WCS shifts … bird cut out templateWebNov 10, 2024 · WCS hit a record discount of more than $50 a barrel below WTI in October 2024 when a lack of space on export pipelines and refinery maintenance led to a glut of crude in Alberta. However,... bird cypherbird cycleworksWebOct 4, 2024 · But in Alberta, Western Canada Select is stuck at $35 US per barrel. The divide between WCS and WTI has never been larger, according to Martin King, … bird cyberchase