CANADA-CRUDE-Western Canada Select discount tightens within recent range

Kitco Media
By Reuters
Published:
Updated:
Reuters
April 13 (Reuters) - Western Canada Select (WCS) heavy crude's discount to the benchmark West Texas Intermediate (WTI) narrowed slightly on Thursday:


* WCS for May delivery in Hardisty, Alberta, traded between $15.50 and $15.40 a barrel under WTI, according to brokerage CalRock, after having traded between $15.95 and $15.65 a barrel under the U.S. benchmark on Wednesday.
* Markets players in Calgary said the market was steady, with the Canadian heavy crude benchmark holding so far this month within a range between $16.00 and $14.00 a barrel under WTI.
* Global oil prices fell a dollar a barrel, as an OPEC report stoked summer demand worries and traders took profits after benchmarks scaled multi-month highs in the previous session.
* The outright price of WCS was just over $66.50 a barrel. (Reporting by Nia Williams; editing by Diane Craft)

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