• U.S. congressional leaders reach a deal, which would lift the ban on crude oil exports

Market news

16 December 2015

U.S. congressional leaders reach a deal, which would lift the ban on crude oil exports

U.S. congressional leaders on Tuesday reached a deal, which would lift the 40-year-old ban on crude oil exports. The deal could help U.S. oil producers to sell oil at a better price in the export market.

The deal would also lead to higher spending on defence and would avert a U.S. government shutdown.

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