Key data on the Keystone pipeline disruption: 1. **Event:** Reduction in the Keystone pipeline's capacity (590,000 barrels per day) 2. **Timing:** April 2026, information reported by Reuters 3. **Market Impact:** According to Wood Mackenzie, the impact on oil supply is minimal 4. **Context:** The Keystone Pipeline System is owned by South Bow (formerly TC Energy) and has been operational since 2010 5. **Market Reaction:** Such news typically generates short-term demand for forecasts, but analysts assess the actual impact as low **Recommendations for traders:** - Monitor official statements from the operator, South Bow - Track oil inventory data in Cushing, Oklahoma - Expect short-term volatility, but fundamental factors remain stable - Consider arbitrage opportunities between WTI and Brent if logistics flows change **Sources:** Reuters, The Globe and Mail, Wood Mackenzie