WTI oil price continued its hot streak today finishing the day up 1.82% at $48.59 per barrel.  Uncontrolled forest fires in Canada have suppressed the supply of oil coming from that market, more than one million barrels have yet to return to market.

The fires in Canada is the latest in a string of supply disruptions curtailing oil coming to market all around the globe. Production in the U.S. has continued to decline and pipeline outages in Nigeria have impacted supply from the central African country.

The Canadian fires show no sign of le...


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