Unfortunately, the latest thing affecting global oil prices is the wildfire that's caused an evacuation of ~90,000 people in Alberta.
Fort McMurray fires shut down more oilsands facilities, knock one million barrels offline
Oil went up a few percent yesterday as a result, and will probably go up more in the days ahead. The fire usn't under control.
The good news, from what I've read, is there haven't been any fatalities, despite the close calls during evacuation and all the property destroyed.
Quote:
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People who fled the flames in Fort McMurray, Alta., shouldn't expect to head back to their homes in the days ahead, the premier says, citing safety concerns as fire crews work to contain the growing, shifting blaze.
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Below NSFW: 2 videos of residents barely getting out. Mute if you're at work or have sensitive ears -- language NSFW, especially the 2nd one.