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, Platts reported citing an Enterprise...

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 the 40-year-old ban on US crude export to allow domestic oil producers sell their products in the global market without restrictions, Reuters reported. The provision is to expir...