Canadian heavy crude discounts sold for $25 under WTI
Reuters reports that Canadian heavy crude discounts sold for $25 under WTI after Enbridge Inc closed its 609,000 barrel-a-day Line 6A pipeline.
In early deals on Monday, the Canadian dollar advanced against other major currencies as oil rose more than $1 today and ticked above $78 a barrel on fears that a powerful hurricane would cut US oil and gas supplies.