October 26, 2018, 9:23 AM MDT
There was some little noticed good news for Canadian heavy oil and bitumen producers last week, who have been struggling with record higher differentials between prices for West Texas Intermediate (WTI) oil and Western Canada Select (WCS) heavy crude — and it came, literally, out of left field.
October 22, 2018, 9:47 AM MDT
The Canadian heavy oil discount narrowed on Thursday.
October 19, 2018, 8:21 AM MDT
October 19, 2018, 10:32 AM MDT
October 17, 2018, 11:11 AM MDT
The heavy oil differential was unchanged on Tuesday, but remained at historically high spreads.
October 17, 2018, 7:52 AM MDT
October 16, 2018, 3:37 AM MDT
October 12, 2018, 9:35 AM MDT
The heavy oil discount widened to past $50 on Wednesday as the lack of takeaway capacity continues to bite the Canadian industry.
October 11, 2018, 3:18 AM MDT
October 11, 2018, 10:31 AM MDT
October 10, 2018, 3:39 AM MDT
October 9, 2018, 3:31 AM MDT
October 5, 2018, 10:52 AM MDT
October 4, 2018, 8:19 AM MDT
October 4, 2018, 7:09 AM MDT
October 4, 2018, 7:48 AM MDT
The heavy oil differential widened against the WTI benchmark in September and has continued to expand in October.
October 3, 2018, 6 AM MDT
October 3, 2018, 8:04 AM MDT
All eyes are on the calendar as oil prices are expected to steadily climb in the face of the impending U.S.-levied sanctions on Iranian oil imports.
September 18, 2018, 11:04 AM MDT
Western Canadian Select (WCS) closed the gap to West Texas Intermediate (WTI) on Monday after the differential widened last week past the mid-$30 mark.
September 18, 2018, 3:49 AM MDT
September 18, 2018, 8:43 AM MDT
September 17, 2018, 3:19 AM MDT
The Canadian heavy oil differential widened against the West Texas Intermediate (WTI) benchmark on Thursday, recording the biggest spread in nearly five years.
September 14, 2018, 3:21 AM MDT
Alberta’s economy is close to returning “home” post recession, however questions surround the viability of the province’s oil and gas sector and which industries will drive growth over the long haul, says TD Bank Group in an economic forecast for Alberta released Thursday .
September 14, 2018, 8:46 AM MDT
The next few months will be a “crucial period” for the oil market, said the International Energy Agency (IEA) in its September oil market report released this morning.
September 13, 2018, 8:02 AM MDT