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-   -   Price gap on heavy Canadian oil tops $30 per barrel, widest spread since 2018 (https://forums.calgaryn.com/showthread.php?t=8068350)

news 10-14-2022 01:23 PM

Price gap on heavy Canadian oil tops $30 per barrel, widest spread since 2018
 
A barrel of the North American oil benchmark is changing hands for about $90 US a barrel right now, but the heavy crude that comes from Canada's oilsands is fetching $30 less because of a perfect storm of imbalances between supply and demand.


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