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Western Canadian Select

Western Canadian Select

Abbreviation
WCS

Western Canadian Select (WCS) is a name for heavy oil from Western Canada

Asset Classes

Oil

Industries

Oil Production

  • Significant amount is sent to refiners in the Northern United States (by pipeline and rail)

2018 Price Discount

  • In late 2018 WCS traded at a steep (50%) discount to WTI
  • This was due to inability to transport it (rails and pipeline full) + US Refinery Maintenance

Warnings and Disclaimers

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