Heavy oil discount narrows as wildfires threaten oil sands
July 4 (Reuters) -The discount on Western Canada Select (WCS) heavy crude versus the North American benchmark West Texas Intermediate (WTI) narrowed on Thursday:
* WCS for August delivery in Hardisty, Alberta, settled at $14.60 a barrel below WTI, according to brokerage CalRock, having closed at $15.55 a barrel below WTI on Wednesday.
* Out-of-control wildfires in the northern Alberta oil sands region are threatening production, with very hot weather forecast to continue over the next week.
* Suncor Energy SU.TO has shut down its 215,000 barrel-per-day (bpd) Firebag oil sands site in northern Alberta as a precaution due to a nearby wildfire, an Alberta government minister said on social media on Thursday.
* Imperial Oil IMO.TO and Cenovus Energy CVE.TO said they are monitoring the situation and there is no impact on their operations so far.
Reporting by Nia Williams in British Columbia; Editing by Paul Simao
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