RE:Any guesses on AFF tomorrow?I am not expecting strong Q1 financial results because of low oil prices. Meg reported yesterday its AWB, which is similar to WCS, averaging $21 discount to WTI in Q1. Whitecap earlier reported its light sweet oil selling at a $8 discount in Q1.
Both, heavy and light oil discounts were a lot lower in April and since May 1st WCS Hardisty discounts stayed below $12, compared to about $19-$20 in Q1. Too bad there is this production outage, otherwise Q2 would be a great quarter.