Weather Wildfires

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  • CALGARY, Alberta, May 17- A massive wildfire raged near Fort McMurray, Alberta on Tuesday and threatened major oil sands production facilities, forcing the evacuation of thousands of workers and prolonging a shutdown that cut Canadian oil output by 1 million barrels a day. The fire jumped a critical firebreak late Monday where plants and trees had been removed...

  • Alberta fires now spread north

    There appears to be a u-turn in the Alberta fires due to strong winds, reports CNBC's Deirdre Bosa.

  • FORT MCMURRAY/ LAC LA BICHE, Alberta, May 11- R econstructing Fort McMurray will be easier than first feared since much of the city's critical infrastructure remains intact but the once booming oil town will be smaller than before, according to its mayor. Fort McMurray Mayor Melissa Blake said the fire is a chance to "right size" the city after the energy slump left it...

  • Oil prices impacted by wildfires in Canada

    CNBC's Jackie DeAngelis reports how the wildfires in Canada are disrupting oil prices.

  • First look Canada wildfire aftermath

    CNBC's Deirdre Bosa reports the latest details on the devastating wildfires sweeping through Canada.

  • Water undrinkable, power grid damaged in wildfire

    CNBC's Deirdre Bosa reports the wildfire in Alberta is now twice the size of New York City.

  • Oil production stops in Canada

    As Alberta, Canada is battling to contain the wildfire, about a third of Canada's total daily production has been taken offline as employees and families evacuate for safety, reports CNBC's Deirdre Bosa. The FMHR traders discuss oil price.

  • Alberta battles to contain wildfire

    CNBC’s Deirdre Bosa reports the latest on the Alberta fire including nearly 100,000 evacuated.

  • LONDON, May 9- Oil fell on Monday, surrendering gains made after Canada's most destructive wildfire in recent memory knocked out over a million barrels in daily production capacity, as caution among investors prevented a return to late April's 2016 price highs. The lost capacity is equivalent to well over a third of the country's typical daily production, and...

  • *Production declines in Americas, Asia erode global glut. LONDON, May 9- Oil rose on Monday after Canada's most destructive wildfire in recent memory knocked out over a million barrels in daily production capacity, but caution among investors prevented a return to late April's 2016 price highs. U.S. crude futures rose 65 cents to $45.31 a barrel by 1118 GMT, having...

  • Canadian wildfire rages on

    A massive wildfire in Canada has now consumed at least 400-thousand acres and knocked out over a million barrels in daily oil production.

  • *Over a third of Canada's total output offline. LONDON, May 9- Oil rallied on Monday as Canada's most destructive wildfire in recent memory knocked out over a million barrels in daily production capacity, but caution among investors prevented a return to late April's 2016 price highs. The lost capacity is equivalent to well over a third of the country's typical...

  • NEW YORK, May 6- Oil prices edged up on Friday, supported by an early dip in the dollar and a wildfire that has shrunk Canadian oil sands crude output by a third, but Brent still ended with its sharpest weekly drop in four months as investors cashed out of April's big rally. Reports of a militant attack on a Chevron platform in Nigeria's oil-rich Niger Delta region and a...

  • NEW YORK, May 6- Oil prices rose about 1 percent on Friday as the dollar softened but benchmark Brent was on track to its biggest weekly loss in four months after investors cashed out from last week's six-month highs. A wildfire that has shrunk Canadian oilsands crude production by a third, reports of a militant attack on a Chevron platform in Nigeria's oil-rich...

  • Canadian wildfire spreads to 210,000+ acres

    CNBC's Deirdre Bosa reports from Alberta, near a raging wildfire; and Brian Sullivan is in Larose, Louisiana, reporting on the impact in the South.

  • *Canadian wildfire and Nigeria attacks add support. A wildfire that has shrunk Canadian oil sands crude production by a third and reports of a militant attack on a Chevron platform in Nigeria's oil-rich Niger Delta region also supported prices, analysts said. "The global surplus still exists and there is still a possibility that oil prices could retrace...

  • Massive wildfire rips through Canada

    CNBC's Deirdre Bosa has the latest details on efforts to bring a raging wildfire under control in Alberta, Canada.

  • Canadian wildfire spreads, 88,000 people evacuated

    A massive wildfire burning out of control has grown to more than 300 square miles and could lead by some estimates up to $9 billion in insurance costs.

  • NEW YORK, May 5- Canadian crude prices rallied on Thursday as a raging wildfire in northern Alberta shuttered nearly one-third of the nation's oil sands production and closed some pipelines, raising concerns about temporary shortages of feedstock to U.S. refineries. The massive fire forced all 88,000 residents of Fort McMurray, home to thousands of oil sands...

  • 80k evacuated amid Alberta wildfire

    Thom Porter, California Fire Chief in the southern region, discusses evacuating the area, and preparing for these types of disasters.