Wildfires Boost Canadian Crude Prices as Suncor Cuts Production
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Canadian heavy crude prices strengthened for a second day after Suncor Energy Inc. curtailed production at its Firebag oil-sands site due to a nearby wildfire.
Western Canadian Select’s discount to the West Texas Intermediate benchmark narrowed to $13.65 a barrel from $14.70 on Thursday, according to General Index data posted on Bloomberg and a person familiar with prices.