Western Canada Select Discount to WTI Holds Steady as Benchmarks Extend Monthly Gains

The price discount of Western Canada Select crude versus North American benchmark Oil – US Crude futures held steady on Friday, with May barrels at Hardisty, Alberta, trading $15.55 per barrel below WTI, according to CalRock. The stable differential follows recent volatility since the start of the year, underscoring ongoing sensitivity to regional supply dynamics, pipeline capacity, and U.S. refinery demand for heavy crude blends.

Over the past month, Oil – US Crude has advanced about 15.53%, while international benchmark Oil – Brent Crude is up roughly 11.12%, reflecting tighter global balances and geopolitical risk. Both contracts currently show a 1-day technical signal of Hold for WTI and Hold for Brent, suggesting near-term consolidation after recent gains as markets reassess demand trends and supply disruptions. Investors can explore more updates, prices, and analysis across global markets at Commodities.