Lifting of U.S. crude oil export ban possible within year -analysts
May 28, 2015 at 17:00 PM EDT
WASHINGTON, May 28 (Reuters) - The U.S. Congress could lift the 40-year old ban on domestic crude oil exports within a year as a drop in gasoline prices and the potential return of Iranian oil to global markets makes it an easier measure for politicians to support, Bank of America Merrill Lynch analysts said on Thursday.