Vitol to Export First US Oil Cargo, US WTI Hits Premium over Brent

• Tuesday, 29th December 2015
• by Egypt Oil & Gas

Switzerland-based Vitol has been announced to load the first US export cargo after 40 years from the Enterprise Products Partners' Houston terminal in the first week of 2016. US West Texas Intermediate (WTI) keeps m ...

US to Lift Oil Export Ban Valued at $1.9b in Total

• Thursday, 17th December 2015
• by Egypt Oil & Gas

US Congress has approved a deal to lift a 40-year-old ban on US crude export to allow domestic oil producers sell their production in the global market without restrictions