Western canada select futures
Canadian heavy crude’s discount to West Texas Intermediate futures increased to the widest in almost five years, raising the specter of local oil producers curtailing operations. Western Canadian Select’s discount for November widened $1 to $41.75 a barrel Wednesday, the biggest since November 2013, The discount applied to Western Canada Select (WCS), which accounts for nearly all the crude pulled out of the oil sands in northern Alberta, has recently hit record highs relative to the North American benchmark West Texas Intermediate (WTI) price. While much of that can be attributed to production growth outpacing the energy industry’s Get access to our complete database of historical oil and gas prices, energy statistics and oil sands production data. Canadian heavy crude oil is priced off the Western Canadian Select ("WCS") benchmark, which has an average gravity of 20.5 degrees API. WCS trades at a discount to WTI due to the higher cost of refining WCS crude into refined products, such as gasolines, jet fuel, kerosene, and diesel. This discount is referred to as a heavy oil differential.
Western Canadian Select (WCS) Crude Oil Futures Quotes Globex. All market data contained within the CME Group website should be considered as a reference only and should not be used as validation against, nor as a complement to, real-time market data feeds.
Western Canadian Select (WCS) EnErgy DElivEry Quality, rEliability anD EnhanCED PriCE DiSC ovEry. Overview Western Canadian Select (WCS) is a high-quality blend of 19 streams of Alberta heavy crude produced jointly by Cenovus, Talisman Energy Inc., Canadian Natural Resources Ltd. and Suncor. For WCS crude, the delivery point is at the Hardisty In August 2019, the average monthly price of the Canadian oil benchmark Western Canadian Select (WCS) was 42.36 U.S. dollars per barrel. WCS is a heavy sour blend of crude oil, produced exclusively in Western Canada. Western Canadian Select is Canada's largest heavy crude oil stream, comprised of bitumen, conventional oil, synthetic crude and condensate. Learn more about this unique benchmark crude, produced exclusively in Western Canada. 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 ("WCS") trades at a discount to WTI. Most Canadian producers have heavy crude production subject to WCS. Recent widening in WCS differential a result of rising production and pipeline constraints, which are unlikely to improve until 2019. While the information contained in this document was obtained from sources believed to be reliable, Stifel FirstEnergy and Petroleum Services Association of Canada do not guarantee its accuracy and completeness.
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17 Jan 2020 Western Canadian Select (WCS) Crude Oil Futures End of Day Settlement Price. -15.40. U.S. dollars and cents per barrel. Contract Month: JAN A monthly cash settled future based on the ICE WCS (Western Canadian Select) Monthly Volume Weighted Average Price Index (ICE WCS 1a). The ICE WCS Western Canada Select (WCS), the price obtained for many Alberta producers of oil, averaged US$36.82 a barrel in January 2020, 7.3% higher than it was a Spot trade of Canada's Western Canadian Select (WCS) crude at. Cushing ICE launched the Argus WCS (Cushing) Crude Oil Future to allow for hedging of Future demand growth is poised to be more measured, supported by economic heavy Western Canada Select crude, a blend of conventional heavy oil and bitumen This article details the ongoing market access issues in Western Canada. Get updated commodity futures prices. Find information about commodity prices and trading, and find the latest commodity index comparison charts. The WCS price is the mid-market price of the ICE TDX futures contracts at 14:30 ET. Western Canadian Select (WCS) is the dominant grade for heavy sour
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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.
2 Aug 2019 U.S. refiners want more Canadian oil, and pipeline companies are price of heavy Western Canadian Select crude to a $50 discount to futures
Western Canadian Select (WCS) Crude Oil Futures futures price quote with latest real-time prices, charts, financials, latest news, technical analysis and opinions. The historical data and Price History for Western Canadian Select (WCS) Crude Oil Futures (IWGH16) with Intraday, Daily, Weekly, Monthly, and Quarterly data available for download. Western Canadian Select (WCS) EnErgy DElivEry Quality, rEliability anD EnhanCED PriCE DiSC ovEry. Overview Western Canadian Select (WCS) is a high-quality blend of 19 streams of Alberta heavy crude produced jointly by Cenovus, Talisman Energy Inc., Canadian Natural Resources Ltd. and Suncor. For WCS crude, the delivery point is at the Hardisty In August 2019, the average monthly price of the Canadian oil benchmark Western Canadian Select (WCS) was 42.36 U.S. dollars per barrel. WCS is a heavy sour blend of crude oil, produced exclusively in Western Canada. Western Canadian Select is Canada's largest heavy crude oil stream, comprised of bitumen, conventional oil, synthetic crude and condensate. Learn more about this unique benchmark crude, produced exclusively in Western Canada. 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 ("WCS") trades at a discount to WTI. Most Canadian producers have heavy crude production subject to WCS. Recent widening in WCS differential a result of rising production and pipeline constraints, which are unlikely to improve until 2019.
crude (Western Canada Select or WCS) and US crude (West the cost to transport oil from Western Canada Energy Future 2016: Energy Supply and De -. 5 Nov 2019 Western Canadian oil sands producers Suncor, MEG Energy and Cenovus of Western Canadian Select at Hardisty to WCS at Nederland, Texas. will be resolved in the near future, while exports to India's second largest The fundamental landscape has changed for the Canadian oil and gas sector in the last Western Canada Select (WCS) fell to a low of just over US$16/bbl. ' Greenhouse Gas Intensity of Oil Sands Production: Today and In the Future', IHS 27 Nov 2018 Western Canadian Select recently hit a low of $11.43 a barrel. EARLIER THIS month the head of one of Canada's largest oil companies 9 Oct 2018 of northeastern Alberta's key crude oil benchmark, Western Canadian Select ( WCS), WCS Crude Differential to WTI Futures Benchmark.