CANADA CRUDE-Heavy discount widens as talks on global oil cut delayed
April 06, 2020 at 14:22 PM EDT
Canadian heavy crude's discount widened versus the U.S. benchmark West Texas Intermediate (WTI) oil on Monday, as top producers Saudi Arabia and Russia delayed discussions aimed at reducing global oversupply and crude production in Alberta tested storage limits. * Western Canada Select (WCS) heavy blend crude for May delivery in Hardisty, Alberta, traded at $17.80 per barrel below WTI, according to NE2 Canada Inc, wider than Friday's settle of $16.80 under.
