Bakken Crude Weakens to 7-Week Low as Pipeline Restart Expected
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Bakken crude on the spot market weakened to a seven-week low relative to West Texas Intermediate as Enbridge Inc. prepared to restart a pipeline delivering to the oil’s pricing point.
Repairs on Enbridge’s Line 81 continued this morning, and the line is expected to return to normal service later today, Houston-based spokeswoman Terri Larson said by e-mail. It’s the main line on Enbridge’s Bakken system, and can deliver as much as 210,000 barrels a day to Clearbrook, Minnesota.