Canada Heavy Oil Weakest in Three Weeks on Lemont Refinery Fire

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Canadian heavy crude weakened to its widest discount to the U.S. benchmark in almost three weeks after an Illinois refinery that processes the grade curtailed operations because of a fire.

Citgo Petroleum Corp.’s Lemont, Illinois, refinery was running at reduced rates after the crude unit fire late yesterday, Fernando Garay, a company spokesman in Houston, said in an e-mail. Crude oil pipelines from Alberta to the U.S. were also full, according to people familiar with the matter.