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Canada Crude-Spreads Steady as World Oil Prices Gyrate
Apr. 13, 2011 02:30PM PST
Resource Investing News Reuters reported that despite the volatile oil market Canadian cash crude differentials are remaining stable.
Reuters reported that despite the volatile oil market Canadian cash crude differentials are remaining stable.
The market news is quoted as saying:
Light synthetic crude for May delivery was quoted at around $12.25 a barrel over U.S. benchmark West Texas Intermediate, similar to spreads over most of the past week and a bit narrower than at the start of April.
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