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Oil pipeline capacity to spare Canadian exports from looming rail dispute
North American shippers such as fertilizer supplier Nutrien (NTR.TO), opens new tab and U.S. logistics firm C.H. Robinson (CHRW.O), opens new tab are bracing for simultaneous stoppages at the Canadian operations of Canadian National Railway or CN (CNR.TO), opens new tab and Canadian Pacific Kansas City (CP.TO), opens new tab (CPKC) that could cost the nation's economy billions of dollars.
Prices of Western Canadian Select crude typically fall during export logjams. However, Trans Mountain's expansion in May and available capacity on other pipes should limit deep discounting, industry experts and analysts said.
WCS for September delivery in Hardisty, Alberta, settled on Friday at $12.25 a barrel below U.S. West Texas intermediate crude, according to brokerage CalRock, compared to an average $18.65 discount in 2023.
限制加拿大铁路运石油到美国,一般这种限制都会导致加拿大石油deep discounting,卖跳楼价。
2023年加拿大石油比市场价打折$18.65,因为有了新的油管,现在$12.25 a barrel below U.S. West Texas intermediate crude,
天天开心俄罗斯因为战争被制裁,打折卖油,想不到加拿大没有战争,却一直打折卖油吧。