U.S. will allow exports of condensate -WSJ
WASHINGTON, June 24
WASHINGTON, June 24 (Reuters) - U.S. federal officials have approved exports of the kind of ultra-light oil known as condensate by two companies, a step that effectively loosens a ban on most crude oil exports in place for four decades, the Wall Street Journal reported on Tuesday.
The U.S. Commerce Department gave approval via a private ruling to Pioneer Natural Resources Co. and Enterprise Product Partners LP to export the condensate, the newspaper said.
- Nurse defies Ebola quarantine with bike ride; negotiations fail |
- Suspect in Pennsylvania police ambush captured after seven-week manhunt
- Japan shares soar, yen skids after BOJ stuns with more easing steps
- Oil price declines have small-cap shale investors scrambling
- China says nets 180 graft suspects in overseas manhunt