The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) was steady on Friday:

* WCS for March delivery in Hardisty, Alberta, settled at $13.15 a barrel under WTI, according to brokerage CalRock, having also ended at a $13.15 discount on Thursday.

* The discount on Canadian heavy crude prices has been easing since February 5, when it sat at $14 a barrel under WTI.

* Global oil prices settled down on Friday on prospects for a peace deal between Russia and Ukraine that could ease global supply disruptions by ending sanctions against Moscow, but losses were limited by a delay in U.S. immediate reciprocal tariffs.
Source: Reuters