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

November 3, 2023 Comments Off

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…