» » Crude Jumps as Huge Fire Disrupts Production in Canada

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Crude oil had a highly volatile day with both benchmarks jumped following news that wild fire was disrupting production in Canada. The front-month WTI contract initially dropped to 43.96 on the buildup of US inventory. Price then reversed and ended the day at 44.32, up +1.23%. in a similar vein, the Brent contract initially fell to as low as 44.65 before rebounding to a 3-day high of 46.77...


from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/crude-jumps-as-huge-fire-disrupts-production-in-canada-2016050632840/
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