Edmonton Par definition
Edmonton Par means Edmonton Par, a light sweet crude oil;
Edmonton Par means the benchmark for conventionally produced light sweet crude for western Canada.
Examples of Edmonton Par in a sentence
These activities may consist of, but may not be limited to: o buying a price floor under which Western will receive a minimum price for its oil production; o buying a collar under which Western will receive a price within a specified range for its oil production; o entering into fixed contracts for oil production; and o entering into a contract to fix the differential between the price for Western's outputs and either the West Texas Intermediate or the Edmonton Par crude oil pricing benchmarks.