A leak late on Sunday prompted Enterprise Products Partners to shut its Seaway Crude Pipeline system, the largest conduit for moving oil from the major storage hub in Cushing, Oklahoma to Gulf coast refineries. News of the leak dragged U.S. crude prices lower on Monday on worries that shutting down the 850,000 barrel-per-day (bpd) Seaway system would bottle up barrels in storage in Cushing, the delivery point for the benchmark West Texas Intermediate (WTI) futures contract. U.S. crude futures slipped 1.3 percent in afternoon trading, while international benchmark Brent crude futures fell about 1.2 percent. Enterprise said on Monday it had shut down the 400,000-bpd pipeline, which it calls its legacy line, but did not provide an estimate of the volume spilled. The company planned to restart the parallel 450,000 bpd Seaway Twin, which was shut as a precaution, on Monday. Most of the oil released was contained in […]