Canada Crude-Keystone Restart Tightens Heavy Spreads

Jun. 06, 2011 03:19PM PST

Reuters reports that on Monday, Canadian heavy crude oil spreads tightened after TransCanada Corp (TSE:TRP) restarted the company’s Keystone oil pipeline.

Reuters reports that on Monday, Canadian heavy crude oil spreads tightened after TransCanada Corp (TSX:TRP) restarted the company’s Keystone oil pipeline.

The market news is quoted as saying:

Western Canada Select heavy blend for July delivery was quoted at around $20 a barrel under benchmark West Texas Intermediate, compared with around $21 a barrel under WTI on Friday.

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