Oil Pares Weekly Drop as Wildfire Disruptions Battle Oversupply - cDiver
Oil pared its first weekly decline in more than a month as oil-sands disruptions in Canada and lower U.S. output offset rising stockpiles and OPEC production. A wildfire in Alberta has shut more than one million barrels a day of oil-sands output capacity after workers were evacuated, while production sites have so far escaped damage. U.S.... Continue Reading »