Energy

Gasoline futures jump as much of vital pipeline remains shutdown following cyberattack

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Signage is displayed on a fence at the Colonial Pipeline Co. Pelham junction and tank farm in Pelham, Alabama, U.S., on Monday, Sept. 19, 2016.

Luke Sharrett | Bloomberg | Getty Images

Fuel prices jumped in trading on Sunday night, as much of one of the largest pipelines in the U.S. remains closed following a cybersecurity attack.

West Texas Intermediate crude futures, the U.S. oil benchmark, advanced 47 cents to $65.37 per barrel. International benchmark Brent crude traded at $68.76 per barrel, for a gain of 48 cents. Natural gas futures were at $2.96 per million British thermal units, while gasoline futures jumped 3% to $2.193 per gallon.

Colonial Pipeline said Sunday evening that some of…



Source cnbc.com

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