Futures rose 0.2 percent, leaving prices in London little changed on the week. They jumped above $65 for the first time since 2015 earlier on Tuesday after the Forties pipeline in the U.K. shut down because of a crack. Those gains were eroded as the International Energy Agency’s voiced doubts the market would fully rebalance in 2018, diverging from the view of OPEC. “It’s been volatile,” Torbjorn Kjus, analyst at DNB Bank ASA, said by phone. If the Forties pipeline is “out for a month, it should have a positive effect” on prices as 10 million barrels of oil supply could easily be lost to the market. Click Read More below for additional information.

FMCSA’s waiver approval for electronic warning beacons clears major hurdle, Morgan Stanley contends Wall Street investment firm Morgan Stanley sees the Federal Motor Carrier Safety Administration’s recent waiver to allow high-tech roadside safety beacons a turning point for autonomous trucking. “We believe this is a significant milestone in the path to widespread commercial adoption of autonomous trucking because while the overall regulatory environment for autonomous trucking is quite favorable, small practical rules friction like this has been viewed as significant hurdles by some parties pushing back on its adoption,” wrote Morgan Stanley freight transportation analyst Ravi Shanker in a research note on Monday. “This shows that regulators are open to easy and practical solutions to ease the rollout of this technology.” FMCSA recently granted a limited three-month renewable waiver to Aurora (NASDAQ: AUR), allowing the autonomous truck developer to use cab-mounted flashing warning beacons instead of reflective triangles – which much be deployed manually by the driver – to warn of a stopped truck on the roadside.

American Dollar to Canadian Dollar = 0.764958; American Dollar to Chinese Yuan = 0.148050; American Dollar to Euro = 1.006420; American Dollar to Japanese Yen = 0.007212; American Dollar to Mexican Peso = 0.048107.