May 9 (Reuters) - U.S. Bakken differentials rose on Mondayto the strongest in nearly three years as traders hurried to buythe crude on worries about supply constraints due to a ragingwildfire in Canada's Alberta province. The move follows Syncrude Canada cutting estimatedproduction volumes by some 35 percent in May after a wildfireforced the company to close its mines and upgrader operationsover the weekend, sources said. U.S. Bakken for June settled at 40 cents a barrel over WTIfrom 35 cents a barrel below WTI on Friday, according to ShorcanEnergy Brokers. That was the strongest since July 2013. Canadian crude prices climbed further on Monday as thewildfire entered a second week, with offline capacity estimatedat around 1 million barrels per day. Light, sweet barrels in the U.S. Gulf got a boost, withtraders expecting barrels to possibly move inland as a result ofthe production curbs. * Light Louisiana Sweet
LONDON MARKET CLOSE: Stocks slightly down pre US Fed, Bank of England
(Alliance News) - Stock prices in London closed mutedly lower on Monday, ahead of a busy week of interest rate decisions and economic data.
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