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Varcoe: Oilpatch remains divided as Alberta extends oil curtailment into 2020

... West Texas Intermediate oil and WCS heavy crude averaged US$19.30......
Business

Curtailments boost Canadian Natural’s profit, but company still wants Alberta to scrap production limits

... Canadian Natural reported Thursday that WCS prices traded at an... US$59.83 per barrel. By contrast, WCS prices traded at a......
Business

Crude-by-rail shipments from Western Canada rise by 34,000 bpd in May

... comes as the difference between WCS and New York traded West......
Business

Why Canadian heavy oil prices are falling faster than global crude benchmarks

... within Alberta. A barrel of WCS traded for an average... since December. In contrast, the WCS fell 16.7 per cent... But now the discounts for WCS relative to WTI...
Business

Varcoe: Savage faces critical decisions on curtailment and crude-by-rail deal

... differential between Western Canadian Select WCS heavy oil and benchmark......
Business

Heavy oil price rebound helps boost MEG Energy revenue, but steeper discounts in the pipeline

... such as the discount between WCS and WTI affect other......
Business

MEG Energy reports $48-million loss despite rise in bitumen prices

... the dramatic narrowing of the WCS differential from US$39 to......
Business

Varcoe: The double-edged sword of curtailment swings through Alberta s oilpatch

... discount on Western Canadian Select WCS heavy oil compared to... Energy, the price discount for WCS heavy oil stood at......
Business

Canadian oil stocks get a cash flow ‘windfall’ amid crude rally

... WTI price of $55/bbl and WTI WCS differential of $20/bbl, we... and a $10 per barrel WTI WCS differential, the surplus cash......
Business

Oil hits six-month high as U.S. ends Iran import waivers

... prices narrowing to $10.25. The WCS WTI discount peaked at more......
Business

Canadian oil rally may falter amid pipeline delay, Deloitte says

... the project could weigh on WCS prices, Botterill said. “The......
Business

Alberta discovers that playing OPEC isn’t easy

... more complicated than people anticipate.” WCS needs to trade at......
Business

Enbridge Line 3 delays may cause oil-by-rail to skyrocket to new heights, see Alberta extend curtailment

... on the forward curve for WCS differentials” if their start......
Business

Alberta eases curtailment, amid continued criticism of plan

... differences between the price of WCS and other blends of... company said the discount for WCS relative to West Texas......
Business

Canadian heavy crude slips with pipeline rationing set to rise

... the cuts were announced, with WCS’s discount to futures shrinking......
Business

Varcoe: Cenovus CEO defends curtailment, says falling oil-rail shipments a temporary problem

... one point last fall, the WCS price differential to benchmark... or was exposed to the WCS differential, clearly they are......
Business

Varcoe: Alberta should stay on track with plan to acquire rail cars

... barrel for Western Canadian Select WCS heavy crude last November... Monday, the price discount for WCS heavy oil sat at......
Business

Varcoe: As crude-by-rail shipments tumble, Suncor CEO calls for ‘soft exit’ to oil curtailment

... discount for Western Canadian Select WCS heavy oil caused by... Alberta. The price differential between WCS and benchmark West Texas......
Business

Imperial blasts Alberta’s ‘drastic, dramatic’ oil curtailment that has made crude-by-rail uneconomic

... data shows the discount between WCS and West Texas Intermediate... in a bid to lift WCS prices, and therefore provincial......
Business

Alberta eases crude cuts as prices surge and producers suffer

... may serve to modestly widen WCS Maya spreads, but we see......