CNBC | US approves landmark crude oil export swaps with Mexico CNBC The Obama administration will allow limited sales of U.S. crude to Mexico for the first time, a senior administration official told Reuters, marking another milestone in loosening a contentious ban on exporting domestic oil. The Commerce Department is ... US Loosens Ban on Oil Exports, Backing Trade With Mexico Exclusive: US approves landmark crude oil export swaps with Mexico Administration approves oil exports to Mexico |