Growing divergence between Canadian and American oil prices should ease this year, forecast says

Continued pipeline bottlenecks boosted the difference between Canadian and American oil prices by 86 per cent in January from the end of 2017, a new report says.
But that gap could begin to shrink once the Sturgeon refinery northeast of Edmonton reaches full operation later this year and gives Canadian producers another processing option, according to a forecast released Tuesday by consulting firm Deloitte.
Increased American refinery capacity and maintaining full crude pipeline operations will