Tag: Oil Pipeline Interruption

The Keystone pipeline, operated by TC Energy (TRP.TO), transports around 600,000 barrels of Canadian crude per day (bpd) to the United States. It was shut down late on Wednesday after a break released almost 14,000 barrels of crude into a Kansas creek, making it the country's biggest oil disaster in almost a decade. According to Michael Tran, managing director at RBC Capital Markets, "the key question remains to be the length of the potential outage... the longer the duration, eventually, of course, means either tighter inventories in Cushing or heavy...