Wildfires could put large swath of Alberta oilsands at risk. Alberta issued an evacuation order for several communities on Tuesday due to an out-of-control wildfire southwest of Fort McMurray, which prompted nearly 7,000 residents to flee their homes

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1. The ongoing wildfires in Alberta may impact a significant portion of Canada’s oilsands production if conditions worsen, a research group said on Thursday, but others in the sector don’t expect the impact to be as bad.

   Oilsands producers have yet to indicate that the fires have impacted their operations, but Norway-based Rystad Energy AS said the wildfires in northeastern Alberta — home to Canada’s oilsands industry — could put more than 2.1 million barrels per day of marketable oilsands output at risk. That’s equivalent to about 2.6 per cent of the world’s total crude oil and lease condensate supply.