Feb 15 (Reuters) - Western Canada Select (WCS) crude's
discount to the benchmark West Texas Intermediate (WTI) narrowed
marginally on Wednesday:
* WCS for March delivery in Hardisty, Alberta traded between
$18.75 and $18.20 a barrel under WTI, according to brokerage
CalRock. On Tuesday WCS traded between $18.80 and $18.50 a
barrel under the U.S. benchmark.
* The tightening came as Enbridge Inc said
apportionment on its Mainline system in March fell to 2% on both
light and heavy crude lines, down from 19% and 17% respectively
in February.
* Lower apportionment on pipelines means there is less crude
getting bottlenecked in Alberta, and reflects how Canadian oil
flows are returning to normal levels following TC Energy's Keystone pipeline leak in December.
* TC Energy said on Tuesday 622,000 barrel-per-day Keystone
is flowing at 96% capacity while investigations into the root
cause of the leak continued.
* Global oil futures were flat to lower as the U.S. dollar
strengthened and investors worried that rising interest rates
would slow the economy and cut fuel demand. (Reporting by Nia Williams
Editing by Chris Reese)
Messaging: nia.williams.thomsonreuters.com@reuters.net))
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