Oil settled at a two-year high Wednesday after the shutdown of one of the largest crude pipelines from Canada cut supply to the United States. o The restart of the 590,000 barrel-per-day (bpd) Keystone pipeline, shut last week due to a spill, could take several weeks. Operator TransCanada Corp has told clients it will cut deliveries on the pipeline linking Alberta’s oil sands with U.S. refineries by 85 percent through the end of November. U.S. West Texas Intermediate crude (WTI) futures settled up $1.19, or 2 percent, at $58.02 per barrel, the highest since July 2015, on concerns over reduced supplies on the Keystone pipeline and after the American Petroleum Institute (API) late Tuesday reported a […]