Stung by low U.S prices for oil (WTI), Canadian producers are increasingly turning to rail to transport product and receive the world price (Brent). Baytex Energy (BTE) is among those betting the wide differentials will continue, now moving 15% of its heavy oil production by rail, and expecting to do more.
Stung by low U.S prices for oil (WTI), Canadian producers are increasingly turning to rail to...
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