Western Canadian Select (WCS) is a heavy sour blend of crude oil[1] that is one of North America's largest heavy crude oil streams[2] and, historically, its cheapest.[3] It was established in December 2004 as a new heavy oil stream by EnCana (now Cenovus), Canadian Natural Resources, Petro-Canada (now Suncor) and Talisman Energy (now Repsol Oil & Gas Canada).[4] It is composed mostly of bitumen blended with sweet synthetic and condensate diluents and 21[5] existing streams of both conventional and unconventional[5][6] Alberta heavy crude oils at the large Husky Midstream General Partnership terminal in Hardisty, Alberta.[7] Western Canadian Select—the benchmark for heavy, acidic (TAN <1.1) crudes[8][9]—is one of many petroleum products from the Western Canadian Sedimentary Basin oil sands. Calgary-based Husky Energy, now a subsidiary of Cenovus, had joined the initial four founders in 2015.[7][8][10][11][12][13]
Western Canadian Select (WCS) is the benchmark price for Canadian crude blends.[14] The price of other Canadian crude blends produced locally are also based on the price of the benchmark.
During the COVID-19 pandemic many oil benchmarks around the world fell to record lows, with WCS dropping to $3.81 U.S. dollars per barrel on April 21, 2020.[15][16] In June, Cenovus increased production at its Christina Lake oil sands project reaching record volumes of 405,658 bbls/d when the price of WCS increased "almost tenfold from April" to an average of $33.97 or C$46.03 per barrel (bbl).[17] During the 2022 Russian invasion of Ukraine the price of WCS rose to over US$100 a barrel with the United States considering placing a ban on Russian oil imports.[3]
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four founders in 2015. WesternCanadianSelect (WCS) is the benchmark price for Canadian crude blends. The price of other Canadian crude blends produced...
of heavier, sour crude oils lacking in tidewater access—such as WesternCanadianSelect (WCS) from the Athabaska oil sands, are priced at a differential...
Cushing, the actual oil being traded may be a discounted Canadian heavy oil – WesternCanadianSelect – delivered at Hardisty, Alberta, and for a Brent Blend...
industry in Canada Environmental issues in Alberta WesternCanadianSelect Kirby Lake Aerodrome "Canadian Natural 2020 Annual Report". Canadian Natural Resources...
The WesternCanadian Sedimentary Basin (WCSB) underlies 1.4 million square kilometres (540,000 sq mi) of WesternCanada including southwestern Manitoba...
The price gap between West Texas Intermediate oil ($85/bbl) and WesternCanadianSelect heavy crude ($65/bbl) with the price of upgraded synthetic oil...
Marathon acquired Western Oil Sands for $6.6 billion and gained ownership of its 20% stake in the Athabasca oil sands in northern Alberta, Canada and other assets...
with the Bank of Canada and major Canadian financial institutions reporting that there is a disconnect between oil demand and the Canadian dollar's movement...
List of Canadian women writers in French List of Quebec writers List of French Canadian writers from outside Quebec List of famous Canadians Lists of...
The Western Hockey League (WHL) is a major junior ice hockey league based in WesternCanada and the Northwestern United States. The WHL is one of three...
TotalEnergies in the same month. In October 2023, TotalEnergies sold its Canadian operations to Suncor Energy for C$1.47 billion($1.07 billion). TotalEnergies...
stock. In 1998, the company acquired Western Rock Bit Company, a Canadian bit distributor, for $30.8 million. Western Atlas, which specialized in finding...
hockey and lacrosse, the beaver, Canada goose, common loon, Canadian horse, the Royal Canadian Mounted Police, the Canadian Rockies, and, more recently, the...
Kingdom (Brent Crude) England Scotland Africa: North Africa: Algeria Libya Western Africa Nigeria Ghana Central Africa Angola Democratic Republic of the Congo...
June 2001). "Comparing Venezuelan and Canadian heavy oil and tar sands". Proceedings of Petroleum Society's Canadian International Conference. 2001–061:...
Caltex brand) within the city state, in addition to some gas stations in WesternCanada. Chevron owns the trademark rights to Texaco and Caltex fuel and lubricant...
was a Canadian company engaged in hydrocarbon exploration, headquartered in Calgary, Alberta, Canada. It operates in Western and Atlantic Canada, the United...
Fort Hills and Frontier market their crude oil, WesternCanadianSelect (WCS), the benchmark for Canadian crude oil, through Hardisty. It "trades at a differential...
featured on Kyle Larson's #42 Chevrolet Camaro in the NASCAR Xfinity Series in select races. They also sponsor Akinori Ogata in the NASCAR Camping World Truck...
2021. The combined company is Canada’s third-largest crude oil and natural gas producer and the second-largest Canadian-based refiner and upgrader. Cenovus...
nuclear waste disposal company West Coast Swing, a swing dance WesternCanadianSelect, a heavy crude oil stream in North America Wildlife Conservation...
to be a part of the downstream sector. Crude oil, for example, WesternCanadianSelect (WCS) is a mixture of many varieties of hydrocarbons and most usually...
transfers and joint ventures across a broad range of properties in WesternCanada. In October 2005, the company sold its 55% stake in the deepwater section...
Oil in 1979 by the merger of its Canadian conventional and heavy oil companies, the Sun Oil Company and Great Canadian Oil Sands. Until 2010, Suncor marketed...
oil, and condensate in a standardized benchmark product such as WesternCanadianSelect. This sour, heavy crude oil blend is designed to have uniform refining...
barrel of oil rose to $2.00 in 1971, adjusted for inflation, people in the Western nations were paying less for oil in 1971 than they had in 1958. The extremely...
Sport Select is a group of sports betting games offered by Canada's lottery corporations. In Quebec, the program is known as Pari sportif; in Ontario...
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