CANADA-CRUDE-Discount on Western Canada Select heavy crude narrows

Feb 13 (Reuters) - The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) CLc1 narrowed on Thursday:

WCS for March delivery in Hardisty, Alberta, settled at $13.15 a barrel under WTI, according to brokerage CalRock, having ended at a $13.25 discount on Wednesday.

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

U.S. President Donald Trump paused his plan to impose a 10% levy on Canadian oil for 30 days on February 3, in return for concessions on border and crime enforcement.

Canada exports approximately 4 million barrels of oil per day to the United States.

Oil prices settled flat on Thursday, paring early losses of more than 1% as U.S. tariff announcements were delayed until at least April, feeding hope that the world could avoid a trade war that would pressure economies and energy demand. O/R