Here's what you need to know as you start your dayCrude oil prices in focus after Colonial Pipeline cyberattackInvestors and traders will be paying close attention to crude oil prices on Monday after a cyberattack shut down the largest pipeline system in the U.S. on Friday. Crude oil prices are currently trading around $65 a barrel, according to oilprice.com. Colonial Pipeline Co. operates the 5,500 mile Colonial Pipeline system taking fuel from the refineries of the Gulf Coast to the New York metro area. It delivers fuels including gasoline, diesel, jet fuel and heating oil and serves U.S. military facilities. Colonial Pipeline said in a statement Sunday that its operations team was developing a system restart plan.

Source: Fox News May 10, 2021 07:18 UTC