Keystone oil pipeline restart timetable unclear; traders worry about supply

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Keystone oil pipeline restart timetable unclear; traders worry about supply
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Traders expressed worry on Monday about how long Canada's TC Energy Corp would take to clean up the largest U.S. crude oil spill in nearly a decade and restart its Keystone oil pipeline after more than 14,000 barrels of oil leaked last week.

A satellite image shows an overview of the crude oil spill along Mill Creek following the leak at the Keystone pipeline operated by TC Energy, in Washington County, Kansas, U.S. December 10, 2022. Satellite image 2022 Maxar Technologies/Handout via REUTERSWASHINGTON, Kan., Dec 12 - Traders expressed worry on Monday about how long Canada's TC Energy Corp

TC Energy provided no timeline on the cleanup, Thalmann said. The company told the county it was expanding efforts to vacuum oil from Mill Creek into trucks, he said. Additional EPA personnel will arrive to the scene to monitor the clean-up efforts, the EPA said on Monday.The 622,000 barrel-per-day Keystone line ships heavy Canadian crude from Alberta to U.S. refiners in the Midwest and the Gulf Coast. The shutdown isof Canadian crude both to the U.S. storage hub in Cushing, Oklahoma, and to the Gulf, where it is processed by refiners or exported.

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