U.S. oil prices rise to two-year high on pipeline outage









U.S. oil prices jumped to a two-year high on Friday as North American markets tightened on the partial closure of the Keystone pipeline connecting Canadian oilfields with the United States.
U.S. light crude (CLc1) hit highs not seen since July 1, 2015 on Friday, trading at $58.70 a barrel, before easing to $58.53 by 0952 GMT but still 51 cents up on the day.