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Threat of disruption to Canada's main oil-producing region is rising - wildfires

You may recall this from a couple of weeks ago:Canadian province of Alberta declares wildfire emergency (major oil producer)The situation has worsened. Via ANZ:The threat of disruptions in Canada continues to rise as the number of wildfires in its main producing region increases. As of yesterday, there were 87 active fires in Alberta, with 24 out of control. It’s estimated that around 300kb/d is currently disrupted, with the risk of more coming under threat.ANZ point to simultaneous risks to oil... Read More

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Threat

Disruption

Canada

Main

Oil

Producing

Region

Rising

Canada s

Oil producing

Wildfires

Forex

Posted: May 15 2023, 23:49

Author Name: forexlive

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