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Alberta wcs differential

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". 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.

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WebMay 6, 2024 · The differential averages between $12 and $15 per barrel, but can vary considerably. In November 2024, WTI traded at about $59 while the price for WCS was … WebHealthcare professional education at community organization/site (Must have more than 10 confirmed attendees) Community services are only available within the Edmonton Zone. … bobsled video olympics https://pisciotto.net

Crude Oil Pipeline Transportation System - CER

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 … WebCDN Light Crude Oil Price Differential to WTI WTI and Edmonton Light differential; Rolling 12-Month History D a ily NG LPr ce s % of Edm n tgh NGL Prices at Edmonton, AB, 10 Day Rolling Average Shown A lbe r ta O iP oduc n Monthly; Conventional and Oil Sands The differential should reflect the transportation cost from Alberta to Cushing. 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 … bobsled video olympicsdding

CANADA-CRUDE-Heavy crude differential widens as new trade ... - Nasdaq

Category:CANADA-CRUDE-Heavy crude differential widens as new trade …

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Alberta wcs differential

What explains crude oil price differentials?

WebThe WTI-WCS differential closed at US$18.50 per barrel, narrower than a week ago. Economic Activity The Alberta Activity Index decreased in November (-0.4% month-over-month), and was up 2.9% from a year ago. Alberta’s real GDP by expenditure increased by 4.8% in 2024, following a large decline in 2024. Employment increased by 20,700 in ... WebJun 30, 2016 · WCS PRICING AND THE HEAVY OIL DISCOUNT. Unlike other benchmark crudes, WCS futures contracts, which trade on the Chicago Mercantile Exchange (CME), …

Alberta wcs differential

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WebDec 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 … WebOct 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, …

WebNov 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,... Webgrowing and prolonged price differential between the Western Canadian Select (WCS) price of oil price, the key benchmark for Alberta’s heavy oil production, and the West …

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... WebOct 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, commodities analyst with Calgary's GMP ...

Web1 day ago · The WTI-WCS differential closed at US$15.40 per barrel, narrower than a week ago. Economic Activity The Alberta Activity Index increased in January (+2.8% month-over-month), and was up 5.6% from a year ago. Alberta’s real GDP by expenditure increased by 4.8% in 2024, following a large decline in 2024. Employment increased by 13,700 in … bobsled wikipediaWebFeb 15, 2024 · The Line 3 Replacement Project added significant cross-border capacity for Canadian crude oil. For 2024 & 2024, see why I think WCS - WTI spread will be wider. clipper smileyWebWestern 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 bobsled winners 2022WebMar 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 … bobsled weight gainWebDescription. The Ambulatory Care Classification System, or ACCS, was developed by Alberta Health and WEllness in 1997. Since its implementation, the volume of data … bobsled video youtubeWebHowever, 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. bobsled winnerWebCentral Alberta: 77.11 +1.73 +2.30% (5 Hours Delay) (5 Hours Delay) Light Sour Blend: 78.81 +1.73 +2.24% (5 Hours Delay) (5 Hours Delay) Peace Sour: 77.51 +1.73 +2.28% … clippers minor league