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Crushing blow for oil sands as US production, inventories reach 20- and 30-year highs

Frik Els | February 28, 2013 | 11:44 pm Energy Canada 

The price oil sands producers receive fell to $44.92 a barrel below the international benchmark on Thursday. Canadian crude took a triple hit: US benchmark Nymex West Texas Intermediate (WTI) oil fell to its lowest level this year of $91.60. At...

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