[size=37]Oil hits fires up after Canada and the sacking of the Saudi oil minister[/size]
BAGHDAD - A Journal
Oil prices on Tuesday rose in conjunction with the fires of Canada and the sacking of the Saudi oil minister.
Brent crude on London Stock Exchange to $ 46.48 a barrel at 01:31 Moscow time, then dropped to $ 45.81 at 6:40.
The price of WTI US median of $ 45.55 a barrel at 0:33 pm GMT, up 89 cents, or 2% from the previous closing price.
It is noteworthy that oil prices continue to rise, due to the huge fire in Fort McMurray, Canada's oil region, which resulted in the loss of over a million barrels of daily production capacity of the region forests.
On the other hand, the effect of exempting Saudi Oil Minister Ali al-Naimi also from his post on oil prices.
The media has announced that the Saudi monarch, King Salman bin Abdul Aziz, decided last Saturday, the dismissal of Ali al-Naimi, Minister of Petroleum and Mineral from his position and wealth, with the change of name of the Ministry to the Ministry of Energy and Industry and wealth Almadenah.anthy 5