Canada crude-Spreads tight despite pipeline cuts, refinery work

CALGARY, Alberta, Oct 14 (BestGrowthStock) – Canadian crude oil
price spreads have tightened from last week, even as Enbridge
Inc (ENB.TO: ) cut flow rates on a major pipeline and refiners
conducted maintenance, market sources said on Thursday.

Western Canada Select heavy blend for November delivery was
quoted in a wide range of $14.25 to $14.85 a barrel under
benchmark West Texas Intermediate light crude. That was 25
cents to 50 cents narrower than assessments last week.

Synthetic crude for November was discussed at 75 cents to
90 cents a barrel under WTI, close to last week’s discounts.
(Reporting by Jeffrey Jones; editing by Peter Galloway)

Canada crude-Spreads tight despite pipeline cuts, refinery work