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Western Canada Select’s Discount Widened $3.50 to $27.50 a Barrel
Mar. 28, 2012 06:28PM PST
Resource InvestingBloomberg reported that Western Canada Select oil inched down after fire struck at Exxon Mobil’s (NYSE:XOM) Billings refinery in Montana on a March 26.
Bloomberg reported that Western Canada Select oil inched down after fire struck at Exxon Mobil’s (NYSE:XOM) Billings refinery in Montana on a March 26.
As quoted in the market news:
Western Canada Select (USCSWCAS)’s discount widened $3.50 to $27.50 a barrel at 3:42 p.m. in New York, according to data compiled by Bloomberg. The refinery imported about 25,000 barrels a day of oil with gravity below 30 API from Canada in December, according to the Energy Department.