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Canada Crude-Synthetic Premium Rebounds with US Spreads

Investing News Network
Mar. 11, 2011 05:52PM PST
Oil and Gas Investing

Reuters reports on Friday, Canadian synthetic crude price spreads widened with bigger premiums for U.S. crudes.

Reuters reports on Friday, Canadian synthetic crude price spreads widened with bigger premiums for U.S. crudes.

The market news is quoted as saying:

Synthetic oil for April delivery was quoted at around $15 a barrel above West Texas Intermediate, up from about $10 a few days ago and close to levels at the start of this month.

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