WCS, the heavy Canadian crude benchmark, reached US$ 24.60 per barrel on August 11th, the lowest levels since 2008. The WTI-WCS differential widened from US$ 7-8 / bbl in June to over US$ 18 / bbl in early August. This reversal in fortunes was caysed vt a trifecta of factors impacting supply, demand and transportation of the crude.
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Inform | Aug 2015
Oil prices: Heavy discounts to Canada's heavy crude benchmark
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