GREY:PSLRF - Post by User
Post by
Sir_Holleron Mar 11, 2013 5:43pm
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Post# 21112974
Western Canada Select $18.50 Discount:
Western Canada Select $18.50 Discount: "Western Canada Select, a heavy blend of diluted oil-sands bitumen, strengthened by $1 a barrel to $18.50 a barrel below West Texas Intermediate crude for delivery in April, according to Calgary oil broker Net Energy Inc. It was the smallest discount for the grade since Oct. 17, according to data compiled by Bloomberg.
Forward-delivery months also strengthened. WCS for May delivery gained 50 cents to a $19.25-a-barrel discount; June delivery rose 75 cents to a $19-a-barrel discount."
PXL needs to increase its budget and guidance.