Brent crude fell to $37,74 in the prospect of a possible oil export USA


Moscow. December 15. Leaders of the U.S. Congress close to compromise on the complex tax and budget issues, in which it is planned to lift the ban on exporting American oil, a vote on this question may pass as early as this week, Bloomberg reported.

On Tuesday, the world prices for oil fall again. Quotations of January futures for Brent crude on London’s ICE Futures exchange to 8:00 Moscow time fell by 0.5% to $37,74 per barrel. Futures price for WTI crude oil for January in electronic trading on the new York Mercantile exchange (NYMEX) fell 0.2% to $36,23 per barrel.

The largest us energy companies have long sought lifting of the ban that was imposed during the oil embargo of the Arab countries in the 70-ies.

The speaker of the house of representatives Paul Ryan on Tuesday expressed optimism that the bill, although the ensuing discussion between Republicans and Democrats and continue to vote as early as this week.

In the course of trading on Monday the price of Brent oil dropped below $37 a barrel for the first time since the end of 2008, WTI – below $35 per barrel, to its lowest level since 19 February 2009, reports Bloomberg.