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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Rains Stall Wildfire Near Canadian Oil-Sands Hub
A large wildfire near the Candain oil sands city of Fort McMurray stalled overnight and was not expected to advance on Thursday during wet weather, the local authority said May 16, cited by Reuters.
- The region received rain for a few hours through the night and the forecast for the next few days is for more precipitation.
- The fires remain around 5.5km from the outskirts of the city.
- While oil sands production has not been directly impacted, the main concern is likely worker shortages due to evacuations of around 6,600 people from the city.
- Residents who have left are not able to return until May 21 at the earliest.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.