Reuters | Oil Heads Lower As Traders Sell The Rumor OilPrice.com The removal of the crude oil export ban in the U.S. in late 2015 led to a sharp increase in exports, particularly in the latter half of 2016. • Higher levels of exports smoothed out some regional oil flows, causing the spread between WTI and Brent to ... US oil hits November low as fresh glut fears overshadow OPEC cut talk Oil ends lower as April contracts expire ahead of US crude-supply data Futures suggest a higher open on Wall Street as oil prices rebound |