May 6 (Reuters) - U.S. cash crude differentials movedsideways on Friday on thin volumes, dealers said. The move follows a number of production facilities shuttingfollowing a raging wildfire that forced some 88,000 residents toflee Fort McMurray in Alberta, Canada, earlier this week. The closures of production caused a spike in Canadian crudeprices earlier, though volumes in the Canadian market were alsothinly traded on Friday. BP Plc will not be able to deliver on some contractsfor Canadian crude, two trading sources said on Friday, thelatest sign that output cuts due to the wildfires are curbingsupply from the oil sands region. Others wereexpected to follow. * Light Louisiana Sweet
UAE's ADNOC said to have recently considered BP takeover
(Sharecast News) - The United Arab Emirates' state-owned oil company recently considered buying BP but the deliberations did not progress beyond preliminary discussions, according to a report.
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