Quote:
Originally Posted by raab
That’s because we have huge inventories, and trade about 15 dollars lower then WTI as a result. Once the market stabilizes and a few companies shut in. We’ll see inventory drops and Canadian oil price will narrow the gap with the WTI. It’s sustainable long term at 30 dollars a barrel, and good for the economy as a whole. Although not great for Albertans
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We still don't have WTI quality oil so we will never get par to WTI.