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WCS differential continues to narrow

Posted: Tue Aug 13, 2024 4:36 pm
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.

Re: WCS differential continues to narrow

Posted: Tue Aug 13, 2024 6:35 pm
by dan_s
Yes it is. Hemisphere's Q2 realized oil price should be $8/bbl higher in Q2 than in Q1.