Crude oil rose on Thursday, following an overnight explosion at a major pipeline which cut Canadian oil supply to consumers in the U.S.
Late Wednesday, pipes belonging to Enbridge, Inc in northern Minnesota exploded, shutting them down completely. Two of four pipelines providing oil were restarted Tuesday morning, according to the Associated Press.
A pair of workers repairing the lines died. The pipes have a capacity of 1.5 million barrels per day and supply 19 percent of U.S. crude imports.
The U.S. Energy Department offered to provide oil supplies its Strategic Petroleum Reserves if needed.
Crude oil for January delivery rose $1.690, or 1.86 percent to $92.310 at 11:54 p.m. on the New York Mercantile exchange. Oil had been falling since Monday on increased expectations that the OPEC oil cartel would be increasing its supply of oil.