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Sunday, 08 May 2016 - 8:23
Canada Wildfire: Oil Prices Rises
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Canada’s wildfire has pushed oil prices to increase on Friday, as it has shrunk Canadian oil sands crude output by a third.

‘Brent crude futures settled up 36 cents, or 0.8 percent, at $45.37 a barrel. West Texas Intermediate (WTI) futures finished up 53 cents, or about 0.8 percent too, at $44.66,’ reports say.

World oil prices dropped by six per cent this week.

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