Oil prices jump as Fort McMurray wildfire slows down oilsands production

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Production has shut down at Shell’s Albian oilsands mines, as well as at Suncor’s base mines north of Fort McMurray

The price of crude is rising this morning as the wildfire in Fort McMurray, Alta., slows oilsands production.

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The Wood Buffalo region of Alberta is the economic heart of the province, and key to world oil markets. It produces more than half of Canada’s oil each day and is an important exporter to the United States.

Read the full article at: ca.finance.yahoo.com

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