The price spread between Western Canada Select heavy crude and the U.S. benchmark Oil – US Crude widened on Wednesday, signaling softer relative pricing for Canadian barrels. WCS for March delivery at Hardisty, Alberta, was assessed at a $15.75 per barrel discount to WTI, compared with a $15.55 differential the prior session, highlighting ongoing regional bottlenecks and quality-related pricing pressure.
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Over the past month, Oil – US Crude has gained about 7.8%, while global benchmark Oil – Brent Crude is up roughly 8.0%, reflecting firm demand expectations and supply discipline. Both benchmarks currently show a 1-day technical signal of Strong Buy for WTI and Strong Buy for Brent, suggesting near-term bullish momentum despite localized weakness in Canadian heavy crude differentials. Investors can explore more updates, prices, and analysis across global markets at Commodities.