Oil sands price differential
24 Jul 2019 Market access for Suncor's oil sands production. 1, 2, 3 See Slide Notes Other grades would be traded at a price differential according to the. AVERAGE MONTHLY CRUDE OIL PRICE DIFFERENTIALS TO BRENT. ( alternative less Growing oil sands production and low Canadian heavy oil prices. The regional differences suggest that some provinces will hurt and some 7 CERI Study 141, “Oil Sands Supply Costs and Development Projects (2014-2048 )”. 12 Oct 2018 The "differential" they talk about is the difference between the price of a barrel of sweet crude in Cushing Oklaholma (WTI or West Texas
Industry leading oil sands operating costs and sustaining capital cases using flat price assumptions of $45 WTI and $12.50 WTI-WCS differential, $60 WTI and
Transportation costs from the valuation hub to the production site were developed. Evaluated various approaches to valuing Canadian Oil Sands bitumen of the price differential between Light Louisiana Sweet Crude oil (LLS) at St. James, 8 Oct 2018 As crude oil and refined products are both commodities, oil producers in the oil sands do not really have the ability to pass on these added costs 24 Jul 2019 Market access for Suncor's oil sands production. 1, 2, 3 See Slide Notes Other grades would be traded at a price differential according to the. AVERAGE MONTHLY CRUDE OIL PRICE DIFFERENTIALS TO BRENT. ( alternative less Growing oil sands production and low Canadian heavy oil prices. The regional differences suggest that some provinces will hurt and some 7 CERI Study 141, “Oil Sands Supply Costs and Development Projects (2014-2048 )”. 12 Oct 2018 The "differential" they talk about is the difference between the price of a barrel of sweet crude in Cushing Oklaholma (WTI or West Texas
12 Nov 2019 Despite production rising by 11% year over year to 1.2 million barrels daily and a lower price differential for Western Canadian Select (WCS),
Wide price differentials for Canadian crudes to WTI disappeared quickly and The weeks-long shutdown at Syncrude Canada's oil sands production facility in 27 Nov 2018 In normal times the heavy crude mined or extracted by steam from the oil sands costs US$10-US$15 less per barrel than West Texas Intermediate 1 Jul 2019 the increasing price differential between WTI and WCS. Capital Investment. Oil sands capital spending is expected to stay weak in the near Canadian Oil Sands Supply Costs and Development Projects (2015-2035) barrel of heavy sour oil represents the light-heavy or quality price differential. WCS is representative of the price of oil from the oil sands. It takes more energy to produce refined products (e.g. gasoline) from
helped to narrow the price differential between WCS and WTI, however they are not considered from Alberta's Oil Sands – has major implications on the.
13 Nov 2018 Differentials: How low prices for our oil are costing Canadians The price for Western Canadian Select oil, however, stood at a mere US$13.44. Get the facts on Canada's oil sands, including its uses, economic benefits and 31 Aug 2018 WCS has qualities that are generally less desirable for refineries, resulting in a quality price differential. Some of the key attributes that define a 8 May 2018 The heavy oil extracted from Canada's oil sands—Western Canada Fraser's researchers calculate that the WCS/WTI price differential of 26 Jun 2012 The oil sands, also known as tar sands, contain a mixture of sand, water and oily bitumen. The tar sands region of Alberta, Canada is the third In Q3/2018, the discount between light oil in Houston (WTI) and light oil in the UK North Sea (Brent) was US$2.50/bbl, representing the shipping differential between the Gulf Coast and the UK. Although the USGC has better access to South America, the North Sea is closer to Europe and Asia, two very large importers of crude. Get access to our complete database of historical oil and gas prices, energy statistics and oil sands production data. All in Excel format, no special software required. Western Canadian Select (WCS), the benchmark for bitumen from the oil sands, trades at a discounted price compared to higher quality products like West Texas Intermediate (WTI), for example. While the difference in quality accounts for most of the price differential between the two, the rest of the price discount can be explained by export
31 Aug 2018 WCS has qualities that are generally less desirable for refineries, resulting in a quality price differential. Some of the key attributes that define a
8 May 2018 The heavy oil extracted from Canada's oil sands—Western Canada Fraser's researchers calculate that the WCS/WTI price differential of 26 Jun 2012 The oil sands, also known as tar sands, contain a mixture of sand, water and oily bitumen. The tar sands region of Alberta, Canada is the third In Q3/2018, the discount between light oil in Houston (WTI) and light oil in the UK North Sea (Brent) was US$2.50/bbl, representing the shipping differential between the Gulf Coast and the UK. Although the USGC has better access to South America, the North Sea is closer to Europe and Asia, two very large importers of crude. Get access to our complete database of historical oil and gas prices, energy statistics and oil sands production data. All in Excel format, no special software required. Western Canadian Select (WCS), the benchmark for bitumen from the oil sands, trades at a discounted price compared to higher quality products like West Texas Intermediate (WTI), for example. While the difference in quality accounts for most of the price differential between the two, the rest of the price discount can be explained by export
16 Jan 2020 A clause in the U.S.–China trade deal presents a big opportunity for the oilsands “We believe differentials can start to narrow towards pipeline Further supporting Canadian oil prices are the tensions surrounding Iran, Iraq 9 Oct 2019 For example, a decade ago, the average price differential between Higher oil prices will extend access to Canada's oil sands since they are