WCS And WTI Benchmark Oil Price Gap Widens

WCS And WTI Benchmark Oil Price Gap Widens

The gap between Canadian benchmark oil prices and US prices is increasing along with the gap between Canadian oil production and oil export capacity. The growth of Alberta’s oil industry is hampered by a lack of infrastructure in the face of growing output,...

Analysts Warn Oil Benchmark May Drop Below $50

Oil prices should finally break their record-breaking 12-day defeat on Wednesday morning, but analysts remain concerned that prices could fall below $ 50 a barrel. At 8:20 ET, the price of West Texas Intermediate (WTI), the US benchmark for oil pricing, stood at $...