RE:WCS is $51.0065F09A wrote: There is sure a lot of jawboning about $60.00 Russian crude and what Biden will or won't do. WCS is $51.00 and Biden hasn't shown interest in an extra drop.
A large part of the reason for the increased WCS spread is what was released from the SPR was heavy crude, creating extra supply. With the SPR releases finished, I think we can expect the WCS spread to lower