WebFeb 15, 2024 · The Line 3 Replacement Project added significant cross-border capacity for Canadian crude oil. For 2024 & 2024, see why I think WCS - WTI spread will be wider. WebDescription: The combined area and line chart shows the volumes of crude oil exported by rail as an area chart and the WCS-WTI differential as a line chart. When the WCS-WTI differential increases, the volume of crude oil exported by rail generally increases. In 2016, the volume of crude oil exported by rail averaged 88 Mb/d (14.0 10³m³/d).
How does Western Canadian Select oil pricing work?
WebMar 18, 2024 · WCS differentials to both WTI and Canadian Light presently sit just above US$10/barrel, representing a mere 10% discount to light/sweet crude in both Alberta and Cushing, OK.. For now, production and pipeline export capacity are lining up. Rail exports flatlined at about 130,000 bbl/day for much of last year, which means there is plenty of … WebApr 6, 2024 · Russian oil price war. Though the WCS-WTI differential is narrower than in recent history, that is a function of WTI weakness more than it is of resilience in WCS. Against that backdrop, Western Canadian crude storage capacity is stretched. Alberta inventories, for instance, were at or near all-time highs throughout last year and elder scrolls 5 skyrim lost to the ages quest
Alberta Economy Indicators at a Glance
WebThe WTI-WCS differential closed at US$18.50 per barrel, narrower than a week ago. Economic Activity The Alberta Activity Index decreased in November (-0.4% month-over-month), and was up 2.9% from a year ago. Alberta’s real GDP by expenditure increased by 4.8% in 2024, following a large decline in 2024. Employment increased by 20,700 in ... WebWatercourse crossings. Code of Practice for Watercourse Crossings – King’s Printer. Appendix A – Amendment (PDF, 16 KB) Amendment to the Code of Practice for … WebOct 29, 2024 · US$82.81 on Thursday. The WTI-WCS differential closed at US$15.50 per barrel, wider than US$15.05 per barrel a week ago. New: Economic Activity The Alberta … elder scrolls 5 anniversary edition review