Canadian crude prices continued to rise Friday as oil production remained shut in because of a wildfire, although companies were in the process of returning output. The fire, which started Sunday, caused a massive evacuation from the oil sands capital of Fort McMurray, Alberta, and has resulted in roughly 820,000 b/d of oil sands output being cut. The fire could potentially impact some 1 million b/d of bitumen production capacity from the Athabasca region, but work was underway Friday to restart the lost capacity once the fire abates. Light crude benchmark Syncrude Sweet Premium was heard bid at front-month NYMEX light sweet crude oil futures contract (WTI CMA) plus $2.35/b, up from minus 25 cents/b on Tuesday, before the production outages. Article Continues below… Oilgram News brings you fast-breaking global petroleum and gas news on and including: Industry players, upstream and downstream markets, refineries, midstream transportation and financial reports […]