Philadelphia-area refinery looks to Canadian heavy oil on huge discount - ConsultFX

Philadelphia-area refinery looks to Canadian heavy oil on huge discount

Canada has a problem WTI crude oil is at the lows of the day, down another 95-cents to $62.80 per barrel. That's about waivers to Iranian sanctions. In Canada though, oil is trading at just $17.40 per barrel. A big part of that problem is pipeline capacity. That price is for the hub near Edmonton but the