WCS
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How does Western Canadian Select oil pricing work?Western Canadian Select is a crude oil blend created with oilsands bitumen in Hardisty, Alta. and experts say its price is based on a complicated formula.EconomyApr 20, 2020
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Producers advised to spend nothing on drilling as oil price hovers at US$25 amid COVID-19 pandemicWorld oil prices have fallen so low that Canadian producers are being advised not to spend any money on drilling and, in some cases, to stop producing crude oil from existing wells.CanadaMar 19, 2020
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