Tuesday 10 May 2016

Oil rally fades as Canadian fires move east


OIL AND GAS
Oil rally fades as Canadian fires move east New York (UPI) May 9, 2016 - A rally in oil prices subsided Monday as Canadian wildfires moved away from key production facilities in Alberta, home to some of the world's larger oil fields. Canadian energy company Suncor had about 10,000 of its employees evacuated from an oil sands operation near Fort McMurray as wildfires rage across the region. The company said the fire moved close to its base operations, but was ... more

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