You are here

Canadian oil output cut as wildfire disrupts operations, forces evacuation

Reduced output from world's fourth-biggest crude producer helped lift benchmark oil prices

BT_20160506_FIRE_2264327.jpg
This week's wildfire in Fort McMurray, Alberta, is the latest blow to a province already grappling with the toll of a two-year oil price slump in one of the world's most expensive places to extract crude.

Calgary

A SPREADING wildfire in northern Alberta forced almost 900 more people to be evacuated overnight, adding to the 80,000 already relocated as an inferno around Fort McMurray destroyed homes and disrupted Western Canada's oil-sands operations.

Changing weather patterns