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 ... WebThe WTI-WCS differential is the price difference between sweet, light crude oil priced at the Cushing, Oklahoma, price hub (WTI) and heavy blends priced at Hardisty, Alberta (WCS). It reflects a quality difference between the heavy-sour WCS and the light-sweet WTI as well as the cost of transportation. Changes in the WTI-WCS differential can ...
Petroleum 101: Types of oil and differentials - CAPP
WebAug 4, 2024 · There is no disputing that Alberta needs effective legislation, policies and mechanisms that make work safer. Unfortunately, Alberta’s conservative governments … WebOct 17, 2024 · Government of Alberta Notably, the differential went above US$40 in November 2024, prompting Alberta to impose a production curtailment back in … jokes and quotes about weight
WCS - WTI Differential: Post Line 3 Replacement, Why So Wide
WebApr 20, 2024 · Did WCS really trade at a negative price per barrel on Sunday? Probably not, but we won’t know for sure until April 30. The negative WCS price was apparently calculated by subtracting the WCS... WebNov 26, 2024 · The WTI-WCS spread is referred to as the light-heavy differential. Alberta’s heavy oil is a low-quality crude that always sells at a discount to lighter, higher quality oil. It costs money to deliver it to Cushing which further reduces its price. WebMay 6, 2024 · The differential averages between $12 and $15 per barrel, but can vary considerably. In November 2024, WTI traded at about $59 while the price for WCS was … how to import .data files using pandas