Effects of removing U.S. crude export restrictions depend on price, resource assumptions

Source: U.S. Energy Information Administration, Effects of Removing Restrictions on U.S. Crude Oil Exports For the next two weeks (Dec. 21–Dec. 31), Today in Energy will feature a selection of our favorite articles from 2015. Today’s article was originally published on Sep. 2, 2015. A new study by the U.S. Energy Information Administration (EIA) on …

WTI, Brent crude reach parity

Another big day for oil prices! West Texas Intermediate on Tuesday settled at a premium to its global counterpart Brent crude for the first time in more than five years, and the spread between the two benchmarks is now nonexistent. While the lifting of the U.S. oil export ban and a surprise dip in inventories …