Canadian crude index vs wcs

Futures & Indexes, Last, Change, % Change, Last Updated. WTI Crude, 31.13, + 2.17, +10.42%(10 Minutes Delay), (-48297 seconds delay). Brent Crude, 27.92 Western Canada Select (WCS), the price obtained for many Alberta producers of oil, averaged US$36.82 a barrel in January 2020, 7.3% higher than it was a Futures & Indexes, Last, Change, % Change, Last Updated. WTI Crude, 23.25, - 4.08, -14.93%(10 Minutes Delay), (-55124 seconds delay). Brent Crude, 27.85, - 13 Dec 2018 Having a single large buyer of Canadian crude, particularly heavy WCS is a blend of diluted bitumen and conventional heavy oil priced out of Hardisty, Alberta. 2017 AVG CRUDE PURCHASE PRICES VS API DENSITY The WCS price is the mid-market price of the ICE TDX futures contracts at 14:30 ET. The CCI™ gives investors a tool to better understand Canadian Crude Oil price. Commodities: Portfolio Benefits - Tactical Edge versus Resource Equity What's the difference between Western Canadian Select and West Texas Intermediate? Learn more about Canada's oil discount here: Argus has launched daily volume-weighted average price indexes for Western Canadian Select (WCS) and will publish this index in the daily Argus Crude and

A price in USD and cents per barrel based on the ICE WCS 1a Index, as published by ICE-NGX. The index pricing period begins on the first Canadian business day of the calendar month prior to the contract month and ends on the Canadian business day prior to the NOS date (as published by Enbridge) in the same calendar month.

Oil prices in Canada plunged late last month, with the losses continuing throughout much of October. Canadian oil producers exposed to the low prices are now fetching around $40 to 50 per barrel less than their counterparts in the United States. Western Canada Select (WCS), which tracks heavy oil from Canada, Canadian Crude Index (^CC) The Canadian Crude Oil Index serves as a benchmark for oil produced in Canada. It allows investors to track the price, risk and volatility of the Canadian commodity. The CCI was launched by Auspice Capital Advisors in 2014. The Index moved from a day end posting to live in January 2016.

Western Canada Select (WCS), the price obtained for many Alberta producers of oil, averaged US$36.82 a barrel in January 2020, 7.3% higher than it was a year earlier. The differential of WTI over WCS was US$20.86 in January 2020.

4 Oct 2018 The divide between WCS and WTI has never been larger, according to The steep discount in Canadian oil prices compared to American 2 May 2018 Changes in the relative prices of two crude oils—Western Canada Select (WCS) in Hardisty, Alberta, and West Texas Intermediate (WTI) in 9 Nov 2019 The 2019 pipeline map below shows many of the major Canadian and U.S. crude oil pipelines and refineries. Click to download full image. 9 Jan 2014 The basic argument goes like this: A barrel of oil sands crude currently Western Canada Select (WCS), blended out of oil sands bitumen, and He only charges $120 a night, versus New York, where it costs $500 a night.

The price of Western Canadian Select (WCS) crude oil which itself has a discount versus London-traded Brent oil.

According to Oil Sands magazine, Western Canadian Select is Canada's largest commercial heavy oil stream, comprised of bitumen, conventional oil, synthetic crude and diluent. It is a unique benchmark crude produced exclusively in Western Canada and many producers' realized price is based on WCS, not WTI. WCS has become one of the largest heavy oil benchmarks in North America produced exclusively in Western Canada. Canadian Natural Resources is the largest contributor of heavy crude to WCS, estimated at 44% (Q1/2017 figures). The Canadian Crude Index™ (CCI™) was created by Auspice and represents a simple, transparent and liquid benchmark for oil that is produced in Canada. The CCI™ Reference Price represents the fixed price in USD per barrel for the three to four contract months that contribute to the index (see holdings below).