Don't Count on an Oil Rally If U.S. Crude Export Ban Is Lifted
- WTI-Brent differential is less than $2, limiting export profit
- U.S. exported more oil than some OPEC members this year
Reading Into the Oil Rout: Is the Global Glut Growing?
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Traders betting that U.S. crude prices will jump above those in the rest of the world if Congress lifts America’s oil-export ban may be disappointed.