Opposition to crude exports tempers price increase

摘要

New York—NYMEX October crude strengthened Tuesday despite prices coming under pressure after a White House spokesman said the Obama administration will not support a bill repealing limits on crude exports. The front-month contract settled 59 cents higher at $44.59/b, though off its same-day high of $45.03/b. ICE October Brent settled up 26 cents at $46.63/b.