Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers

Syncrude Discount Narrows After Suncor Announces Upgrader Work

The discount for Syncrude narrowed after Suncor Energy Inc. said it will shut units at its oil-sands upgraders in the next two quarters for maintenance.

The Calgary-based company will shut a coker at its No. 1 upgrader near Fort McMurray, Alberta, next quarter, according to a filing. In the third quarter the company plans to shut a coker at its No. 2 upgrader for maintenance.

Syncrude’s discount to West Texas Intermediate futures narrowed $1.25 to $2.75 a barrel at 2:21 p.m. in New York, according to data compiled by Bloomberg. That’s the smallest gap in two weeks.

Western Canada Select’s discount narrowed $2 to $31.25 a barrel. Bakken oil was unchanged at $15 a barrel below WTI.

In the U.S. Gulf Coast, Light Louisiana Sweet’s premium to WTI added $1.10 to $18.40 a barrel. Heavy Louisiana Sweet increased 75 cents to a premium of $20.75.

Thunder Horse’s premium to WTI grew 65 cents to $17.35 a barrel and Mars Blend’s premium narrowed 5 cents to $12.95. Poseidon gained 25 cents to $12.85 a barrel over WTI. Southern Green Canyon’s premium widened 15 cents to $12.65.

West Texas Sour’s discount widened 10 cents to $3.35 a barrel.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.