The bush fire in Canada could shut down 800,000 barrels of oil, a day.
This is positive news for oil....atm, it is up 4%.
Could be good for CVN tomorrow.
Amrita Sen, chief oil analyst at Energy Aspects, said she understood from industry contacts that as much as 800,000 barrels per day of production was either taken off-line or was in the process of being shut down on Wednesday.
http://www.theglobeandmail.com/repo...fort-mcmurray-wildfire-rages/article29850997/
Hope all Canadian in Fort McMurray are safe.
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