Olje

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04.12.2018 kl 18:23 1676

Back from the dead: Notley's oil cut sends Canadian crude prices, energy stocks skyrocketing
Last week everyone was projecting it would take until Q3 of next year to get back to diffs of $20. That has been achieved in a single day. This could narrow further as Sturgeon refinery comes online in a few weeks and as CBR continues its steady ramp up.

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On Monday, Notley’s decision sent Western Canada Select up 44 per cent to trade at US$31.65 as of 2:10 p.m. On Friday, Canadian oil closed at US$21.93.

https://calgaryherald.com/investing/back-from-the-dead-notleys-oil-cut-sends-canadian-crude-prices-energy-stocks-skyrocketing/wcm/e14e1a99-aca7-47ac-b56e-2b7b4c750529

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