U.S. Senate Committee on Banking, Housing and Urban Affairs votes to lift off the ban on U.S. crude oil exports

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2 October 2015

U.S. Senate Committee on Banking, Housing and Urban Affairs votes to lift off the ban on U.S. crude oil exports

The U.S. Senate Committee on Banking, Housing and Urban Affairs voted on Thursday to lift off the ban on U.S. crude oil exports. The committee voted 13 to 9. The ban was introduced in 1975 due to fears about fuel shortages.

San Francisco Fed President John Williams expects the Fed to start raising its interest rates this year, maybe in October

Oil prices rose

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