Wildfires in Canada shut in at least 300,000 boepd output
Alberta fires expected to worsen, could knock off more output
US to refill SPR after last mandated sale in June

SINGAPORE, May 15 Reuters Oil prices rose a dollar a barrel on Monday on the prospect of tightening supplies in Canada and elsewhere, although recession fears kept pressuring the market.

Brent crude futures were up 1.23, or 1.7 to 75.40 a barrel at 114 p.m. EDT 1714 GMT. U.S. West Texas Intermediate crude was at 71.32 a barrel, up 1.28, or 1.8.

Wildfires raged in Alberta, Canada, shutting in large amounts of crude supply, and prices rose on fears they could worsen, said Mizuho analyst Robert Yawger.

At least 300,000 barrels of oil equivalent per day boepd production was shut in last week in Alberta. In 2016, wildfires knocked more than a million boepd of production offline there.

Also supporting oil prices, the U.S. could start repurchasing oil for the Strategic Petroleum Reserve SPR after completing a congressionally mandated sale in June, Energy Secretary Jennifer Granholm told lawmakers on Thursday.

Global crude supplies could also tighten in the second half as OPEC the Organization of the Petroleum Exporting Countries and allies including Russia plan additional output cuts.

Flows of northern Iraqi crude oil to Turkey39;s Ceyhan port have yet to resume following Baghdad39;s request to restart them last week, industry sources said on Monday, helping to keep global supplies tight.

Fears of a…