(EnergyAsia, January 3, Thursday) — A new world benchmark crude futures contract, Western Canadian Select (WCS), could be available on the New York Mercantile Exchange (NYMEX) in the second half of this year.WCS is a blend of 19 streams of 250,000 b/d of heavy and bituminous crudes produced in the western Canadian province of Alberta.The…
MARKETS: NYMEX to position Canadian crude contract as world benchmark
Posted on January 2, 2008 by EnergyAsia