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Start-up of Trans Mountain expansion ‘going very well’ as global buyers ink deals for Canadian crude | BOE Report
Chinese refiner pays about US$10 more for oil off TMX compared to sales value in Alberta By Deborah Jaremko on July 17, 2024 Canada’s oil sands producers are “back in the limelight” for investors following completion of the Trans Mountain pipeline expansion, according to a report by Enervus...
boereport.com
Chinese refiner pays about US$10 more for oil off TMX compared to sales value in Alberta
The June deal between Rongsheng and an unnamed oil sands shipper saw a shipment of Access Western Blend (AWB) purchased for approximately US$6 per barrel below the Brent global oil benchmark. That implies an AWB selling price of approximately US$75 per barrel, or about US$10 more than the price received for AWB in Alberta.
Canada’s Parliamentary Budget Office has said that an increase of US$5 per barrel for Canadian heavy oil over one year would add $6 billion to Canada’s economy.
溢价$10买加拿大石油,加拿大经济增加$120亿