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Heavy oil discount narrows

The discount on Western Canada Select (WCS) heavy crude versus the North American benchmark West Texas Intermediate (WTI) tightened for a second day on Friday: WCS for July delivery in Hardisty, Alberta, traded at $12.95 a barrel below WTI, according to brokerage CalRock, having settled at $13.05 a barrel under the benchmark on Thursday. Last ...

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