Keystone Pipeline shutdown could benefit heavy Latin crudes the most

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A prolonged shutdown of TC Energy’s 591,000 b/d Keystone Pipeline following a spill discovered late Dec. 7 could benefit heavy crudes from Colombia and Mexico the most after increased Canadian flows this year helped push differentials to record lows. TC Energy estimates the pipeline spilled roughly 14,000 barrels, the company said in a statement late Dec. 8. Workers have isolated…