Oil prices on Tuesday, 14 September, at auction in New York declined slightly after a company Enbridge Energy Partners LP said that the repair pipeline is almost completed and will be ready on Wednesday, September 15.
As a result of trades on Tuesday, September 14, at the New York Mercantile Exchange price of a futures contract for WTI crude oil for October delivery fell 0.39 dollars to 76.80 dollars per barrel. At the InterContinental Exchange in London, the October contract for Brent Crude oil rose by 0.13 dollars and closed at 79.16 dollars per barrel. On Wednesday, September 15, expires October futures for petroleum of this mark. The cost of the November contract rose 0.20 dollars and accounted for 79.27 dollars per barrel.
Representatives of the company Enbridge Energy Partners LP said Tuesday that repairs to the 12-foot (3.66 m) segment of the pipeline Line 6A is almost complete and the company can resume the flow of oil. Recall that on September 9 of the pipeline Line 6A, owned by Canadian company Enbridge Energy Partners LP, has been suspended in connection with the leak. Pipeline Line 6A is part of the system, pumping oil from Canada to the Midwest, refinery and distribution center in Oklahoma.
Canada is the largest supplier of oil to the U.S.: in June there was received 2.2 million barrels. oil per day. Before the suspension of oil pushed oil prices up, because, according to investors, could lead to a reduction of oil in storage Cushing.
Expectations of an early resumption of the pipeline to put pressure on prices, which on Tuesday left one-month highs. However, an obstacle to the company may become regulators, who must approve the return of the pipeline into operation. "The company Enbridge did not resume until the pipeline unless (regulators) are not satisfied that the repair and follow plans guarantee the safety of people and the environment" - said the representative of the Office of Pipeline Safety and Hazardous Materials USA.
