Receive our newsletter – data, insights and analysis delivered to you
  1. Uncategorised
April 24, 2020

Low WCS price for Alberta oil causes larger cuts in production

By Agne Suipyte

Similar to other oil-producing nations, Canada is suffering from unusually low oil prices and uncertainty in future oil demand.

Earlier this month the main Canadian oil benchmark, the West Canadian Select (WCS), plummeted below $5 per barrel dragged by the fall in the West Texas Intermediate (WTI) price and also because of the lower demand of the heavy crude grade by refineries.

Click here to read the full article.

Related Companies

Content from our partners
Green investment: What gives Scotland multiple advantages
How the North of Tyne region is leveraging its legacy to define its future
Topics in this article:
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU