West Texas Sour Crude Weakest Since 2014 on Canada Supply

West Texas Sour crude sold in Midland, Texas, is the cheapest since March 19, 2014, against the light-sweet oil traded in the same region. “More sour Canadian barrels will be arriving at Cushing, Oklahoma, as production gets restored after the Alberta wildfires. This is limiting demand for West Texas Sour,” Energy Aspects analyst Dominic Haywood says.

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