Lifting oil export ban would spark U.S. economy: IHS

(Reuters) - If U.S. lawmakers reverse a 40-year ban on oil exports it would add more than $1 trillion to government revenues through 2030, trim fuel prices, and add an average of more than 300,000 jobs a year, according to a report by an energy research group.

Crude Falls First Time in Five Days on Emerging Economies

West Texas Intermediate crude fell for the first time in five days as equities declined on concern that growth in emerging economies will slow, reducing fuel use.