Alberta Wildfires Persist as Outages Weigh on Canadian Oil Stockpiles

The number of wildfires in Canada’s top energy-producing province of Alberta held mostly steady on Friday, while the disruptions to oil and gas production now have buyers facing supply cuts.At least two buyers were notified this week of force majeures and cuts of 5% or more to their receipts of low-sulfur Canadian crude this month, according to people familiar with the matter. Pembina Pipeline Corp. also declared force majeure on its Peace Pipeline system, which carries natural gas liquids from western oil and gas fields to the Edmonton area, according to two people who received the notice.

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