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China snapping up cheap Canadian oil, lured by

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China snapping up cheap Canadian oil, lured by $50 discount over U.S. crude


Business | 207245 hits | Oct 12 5:32 am | Posted by: DrCaleb
2 Comment

Not only is it cheaper, but Canadian oil is rich in bitumen, used to build everything from roads and roofs as China ramps up a building boom

Comments

  1. by Thanos
    Fri Oct 12, 2018 8:21 pm
    Good. Profit from supplying overwhelming quantity in lieu of better pricing is still profit nonetheless. Hopefully this pisses off everyone from the White House to the choads living in the People's Republic of Burnaby. :evil:

  2. by avatar BartSimpson  Gold Member
    Fri Oct 12, 2018 9:13 pm
    With Canadian oil over 60 per cent cheaper than U.S. benchmark West Texas Intermediate and global marker Brent


    And it all has to move to the ports by rail.



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Who voted on this?

  • Robair Fri Oct 12, 2018 9:51 am
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