US oil export

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

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

    Tuesday, 29th December 2015
    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 maintaining its newly acquired premium over Brent.
  • US to Lift Oil Export Ban Valued at $1.9b in Total

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

    Thursday, 17th December 2015
    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