May 10 (Reuters) - The discount on Western Canada Select
(WCS) heavy crude versus the North American benchmark West Texas
Intermediate (WTI) widened for a second consecutive day on
Friday:
* WCS for June delivery in Hardisty, Alberta, closed at
$12.75 a barrel below WTI, according to brokerage CalRock, after
settling at $12.20 a barrel below the benchmark on Thursday.
* Canadian heavy crude differentials are widening due to
high inventories, one broker said.
* WCS strengthened this month as the 590,000 barrel per day
(bpd) Trans Mountain pipeline expansion (TMX) started commercial
operations, but the first oil tanker is not expected to load at
Westridge dock in the Port of Vancouver until the second half of
the month.
* Global oil prices fell by nearly $1 a barrel as comments
from U.S. central bank officials indicated higher-for-longer
interest rates, which could hinder demand from the world's
largest crude consumers.