Here’s everything you need to know

“Timing of the restart is the critical issue,” Wells Fargo analyst Roger Read said in a note on Sunday. He outlined three possible date ranges:

1. Fewer than five days: If a partial restart of the pipeline begins by Wednesday, there will be “no significant or lasting impacts.”

2. Six to 10 days: Refiners may need to reduce the amount of crude oil they process if the pipeline remains shut for up to 10 days. Inventories will rise in the U.S. Gulf Coast, causing prices to fall, while prices in the East Coast would jump,…