Western Canada Select’s Discount Widened $3.50 to $27.50 a Barrel

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.

Click here to read the full Bloomberg report.