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Alberta wildfire forces oil production cuts, helps drive up crude prices

Blaze has knocked out about one million barrels a day, or 40 per cent of region's daily output, estimates IHS Energy

Published Mon, May 9, 2016 · 09:50 PM
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SPECULATORS were losing faith in oil's rally before wildfires spread across Canada's oil-sands region, forcing the evacuation of more than 80,000 people and curtailing production.

West Texas Intermediate (WTI) crude sank early last week a…

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