WCS crude discount to narrow after TMX pipeline expansion: Canadian Natural

Canadian Natural Resources is anticipating the Western Canadian Select and the WTI differentials to narrow early into 2024 as 590,000 b/d of new egress is added in Western Canada with the start-up of the Trans Mountain Expansion pipeline, President Tim McKay said Nov. 2. “The line filling process will take 4.5 million barrels out of the market and this is… Canadian Natural Resources is anticipating the Western Canadian Select and the WTI differentials to narrow early into 2024 as 590,000 b/d of new egress is added in Western Canada with the start-up of the Trans Mountain Expansion pipeline, President Tim McKay said Nov. 2. “The line filling process will take 4.5 million barrels out of the market and this is… Read More