WCS differential continues to narrow

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cmm3rd
Posts: 469
Joined: Tue Jan 08, 2013 4:44 pm

WCS differential continues to narrow

Post by cmm3rd »

WCS heavy select closed today up 5%, https://oilprice.com/oil-price-charts/257

CalRock reported it closed at $12.60 below WTI for September delivery at Hardisty. https://www.xm.com/research/markets/allNews/reuters/heavy-oil-discount-narrows-53904953

Has to be good for HMENF.
dan_s
Posts: 35537
Joined: Fri Apr 23, 2010 8:22 am

Re: WCS differential continues to narrow

Post by dan_s »

Yes it is. Hemisphere's Q2 realized oil price should be $8/bbl higher in Q2 than in Q1.
Dan Steffens
Energy Prospectus Group
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