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China snapping up cheap Canadian oil, lured by
20726
China snapping up cheap Canadian oil, lured by $50 discount over U.S. crude
Business
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207245 hits
| Oct 12 5:32 am | Posted by:
DrCaleb
2
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
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.
by
BartSimpson
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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Robair
Fri Oct 12, 2018 9:51 am
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And it all has to move to the ports by rail.