Oil rig off Louisiana has sunk

Shared by Henry
This news may cause crude oil price to rise and CAD may follow it. Although it’s just speculation at the moment, but Forex trading is all about speculation.
HOUSTON (Reuters) – An oil drilling rig that was burning in the Gulf of Mexico off the Louisiana coast sank on Thursday as rescuers continued searching for 11 missing workers, the platform’s operator Transocean Ltd said.