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Wednesday, March 25, 2015

How Exporting U.S. Oil Could Reshape World Markets



Investors.com http://ift.tt/1CbyLW4 WASHINGTON, D.C. -- If the ban on exporting U.S. crude was lifted, domestic oil would command a premium over the international benchmark price, with certain light crudes from the Bakken and Eagle Ford shale plays fetching even higher rates, according to a study released Wednesday by Rice University. Instead, West Texas Intermediate oil prices lag Brent prices, as the shale boom sparked an influx of U.S. supplies that have nowhere to


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