CANADA-CRUDE-Western Canada Select discount steady as end of trade cycle nears

March 14 (Reuters) - Western Canada Select (WCS) crude's discount to the benchmark West Texas Intermediate (WTI) was steady on Tuesday.

* WCS for April delivery in Hardisty, Alberta traded between $17.10 and $16.90 a barrel under WTI, according to brokerage CalRock, having traded between $17.00 and $16.90 a barrel under the U.S. benchmark on Monday.

* Canadian heavy crude reached a nine-month high of around $15 a barrel under WTI last week, but has eased off in recent sessions.
* WTI dropped over 4% to a three-month low of $71.33 after a U.S. inflation report and the recent U.S. bank failures sparked fears of a fresh financial crisis that could reduce future oil demand. (Reporting by Nia Williams; Editing by Rashmi Aich)

Reuters

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CANADA-CRUDE-Western Canada Select discount steady as end of trade cycle nears

By Reuters

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