Crude oil prices rose Thursday following a wildfire that has led than more than 80,000 to evacuate a Canadian oil town. Brent crude futures rose 2.6% on the disruption, topping $45 a barrel, according to a Reuters report. The fire in Canada’s oil sand region has not reached facilities used to extract crude, but some oil pipelines have been shut down just in case.

Topics:  reuters   canada s   fort mcmurray   alberta   saudi arabia   venezuela   canadian   wildfire   oil prices   crude   rose   town   
BING NEWS:
  • Wildfire near Canada's oil sands hub under control, Alberta officials say
    Alberta officials say a wildfire in western Canada that forced thousands of residents from their homes in the oil sands hub of Fort McMurray earlier this month is now under control ...
    05/29/2024 - 10:00 am | View Link
  • Rain helps stall wildfire near Canadian oil city
    A map showing the active wildfires in Alberta as of May 16, 2024. Fort McMurray is the hub for most of Canada's oil output. A huge wildfire in 2016 forced the evacuation of 90,000 residents ...
    05/16/2024 - 8:52 pm | View Link
  • Canada Oil Sands Capital Grapples with Second Wildfire
    The unofficial capital of Canada’s oil-sands industry is now facing a second wildfire that’s north of the city and closer to major energy operations. The new blaze near Fort McMurray ...
    05/15/2024 - 8:30 pm | View Link
  • Rain, cooler temperatures help prevent wildfire near Canada’s oil sands from growing
    FORT MCMURRAY, Alberta (AP) — A wildfire that has forced thousands of people out of their homes in Canada’s oil sands hub city of Fort McMurray, Alberta is being held in place as rain and ...
    05/15/2024 - 1:00 pm | View Link
  • Wildfire Prompts Partial Evacuation of Canada’s Oil-Sands Capital
    (Bloomberg) -- Portions of Fort McMurray, Alberta, are being evacuated as a wildfire approaches the city, the unofficial capital of Canada’s oil-sands industry that almost burned to the ground ...
    05/14/2024 - 11:06 pm | View Link
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