What a difference a day makes in this very fickle oil market . Unfortunately what they produce is not Brent crude . API 17 gravity oil far from any international export route in infrastructure impaired Canada suffers a huge discount to Brent . The price of WBE's oil will certainly follow the price of Brent up or down but it is starting at a price way behind Brent . Mandating a cut in production has helped close the gap to comparative international prices from the huge discount at the recent oil price low . The Canadian Federal government needs to free up the approval process to get desperately needed infrastructure built to get fair prices for their oil and gas .
WBE Price at posting:
0.5¢ Sentiment: None Disclosure: Held
