The Biden administration is not considering reinstating a ban on U.S. oil exports as a tool to control gasoline prices, according to a person familiar with the administration’s thinking. Subscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox. OPEC+ output hike gamble pays off as oil prices recover The gamble taken by OPEC and its allies, under pressure from top oil consumer the United States, to raise oil output in January despite its own forecasts of oversupply, appears to be paying off as prices stabilise. Texas says 8 power generators violate winter readiness rules Oil settles lower as China developer downgrades add to […]