The U.S. House of Representatives votes to lift a ban on the export of crude oil

Market news

12 October 2015

The U.S. House of Representatives votes to lift a ban on the export of crude oil

The U.S. House of Representatives voted to lift a ban on the export of crude oil on Friday. 159 of 261 of members voted in favour of the lift of a ban, which was implemented in the 1970s.

The bill has to pass the Senate.

The number of active U.S. rigs declines by 6 rigs to 605 last week

Options levels on monday, October 12, 2015:

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