Tag: export crude oil

• Wednesday, February 5th 2014 - 22:59 UTC

  US, the world's largest producer of oil approves licenses to export crude to Europe

  

  The United States government has approved at least four licenses to export crude oil to Europe, for the first time in years, showing how companies are breaking through the limits of the export ban established in the 1970s, according to Reuters which learned about the fact from a Freedom of Information Act request.