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MarketBeat
MarketBeat
Chris Markoch

4 Canadian Oil Stocks That Are Filling the Heavy Crude Gap

Oil CNQ ENB SU IMO Suncor Enbridge Imperial MarketBeat NYSE

The current supply-demand situation for crude oil shows a market that is well supplied. So well supplied in fact, that oil prices have sunk below $60 per barrel. But this fact highlights a distinction that makes a difference.

The price of oil that gets highlighted every trading day is the price of light, sweet crude. That’s the most common type, and it’s what gets converted into gasoline and powers industry.

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