Economics
Oil Prices May Increase as Enbridge Shuts Illinois Pipe
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Enbridge Inc. plans to resume crude deliveries this week on an Illinois pipeline that shut over the weekend, allowing supply to reach Chicago-area refineries run by BP Plc, Exxon Mobil Corp. and Citgo Petroleum Corp.
Line 14 may start operating late on March 7 and Line 64 the following day, Lorraine Little, a spokeswoman in Superior, Wisconsin, for Calgary-based Enbridge, said in an e-mail yesterday. Lines upstream of Superior will be slowed or shutdown to manage tank levels, she said.