•Crude prices rose Tuesday as a leak on a Canadian pipeline that links to the US helped recover some losses made on NNPC's confirmation that Nigerian Forcados production, which has been shut in for over a year, is to resume in June.

•At 1051 London time (0951 GMT), June ICE Brent futures were up 34 cents to $67.59/b, after losing more than $1.90/b on Monday. The May WTI contracts on NYMEX and ICE were up 46 cents to $64.07/b, quicker recovering from Monday's weakness as news about a leak in a pipeline between Canada and Cushing over the weekend hit the market.

•"Monday's selloff can be mainly contributed to US refinery restart, which took some pressure of RBOB, resulting in a product selloff," a broker added. Valero's 170,000 b/d Mc Kee refinery in Sunrey, Texas, was shut for two months, which has left a glut of crude barrels in the Midwest. The latest news of a leak at Enbridge's 34-inch, 490,000 b/d crude pipeline that links western Canada to the US, has pushed prices up.

Updated: April 17, 2007