CNNMoney | Oil prices hit highest level in 7 months CNNMoney Raging wildfires in oil-rich parts of the Canadian province of Alberta have forced major oil companies to shut down some operations and cut production by about 1.2 million barrels of oil per day, according to Manouchehr Takin, an independent oil and ... US oil hits seven-month high as inventory drop seen; caution over Libya Futures lower amid data; oil struggles for gains Oil prices creep toward $50 as crude hits 2016 highs |