CNBC | Oil jumps on Canadian wildfire outages, markets eye Saudi reshuffle CNBC Oil prices jumped on Monday as a huge wildfire in Canada's oil sand region knocked out over a million barrels in daily production capacity, contributing to a significant tightening of markets over the past weeks. The lost capacity is equivalent to well ... Saudi Minister Has Task of Easing Dependence on Oil We could be in for an even wilder ride on oil prices now that a millennial Saudi prince is in charge Oil Prices Jump on Strong China Crude Imports |