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Western Canadian Select (WCS) is a heavy sour blend of crude oil [1] that is one of North America's largest heavy crude oil streams [2] and, historically, its cheapest. [3] It was established in December 2004 as a new heavy oil stream by EnCana (now Cenovus), Canadian Natural Resources, Petro-Canada (now Suncor) and Talisman Energy (now Repsol Oil & Gas Canada). [4]
The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil, Isthmus, and Western Canadian Select (WCS). [1 ...
Based on the current price at $69.01, the direction of the October WTI crude oil market today is likely to be determined by trader reaction to the Fib level at $68.46. A sustained move over $68.46 ...
The direction of the July WTI crude oil market late in the session on Monday will be determined by trader reaction to $108.63. Crude Oil Price Update – Uptrend Reaffirmed with $116.43 Next Major ...
Canada's benchmark heavy crude, Western Canada Select (WCS), is trading at a steep discount to West Texas Intermediate (WTI) after weakening sharply last month, and is expected to remain subdued ...
Taking out $57.81 then closing lower for the session will form a closing price reversal top. This could trigger a 2 to 3 day correction with an eventual break into at least $54.72.
Based on the early price action, the direction of the June WTI crude oil futures contract the rest of the session is likely to be determined by trader reaction to the steep uptrending Gann angle ...
The direction of the October WTI crude oil market on Monday is likely to be determined by trader reaction to $62.14. ... News. 24/7 help. For premium support please call: 800-290-4726 more ways to ...