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@ Layer3.news
2025-02-06 06:15:03
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CHINA'S RETALIATORY TARIFFS ON CRUDE LIKELY TO PUSH US EXPORTS LOWER IN 2025
https://media.zenfs.com/en/reuters-finance.com/16d9a5d5a70ecb5c0225f0cbd4fc9d14
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✍️ China's retaliatory tariffs on the US may cause a decline in US oil exports in 2025, after growth plateaued last year.
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👉 US oil exports may decline in 2025 due to China's retaliatory tariffs
👉 Growth of US oil exports stalled in 2024
👉 China's appetite for US oil has diminished in recent years
👉 Medium density types of crude oil are ideal for US refineries to process
👉 Light, sweet grades of crude oil could find demand from European and Indian refiners
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#ArathySomasekhar #MattSmith #RohitRathod #Houston #SaudiArabia #Russia #China #UnitedStates #Canada #Mexico #Texas #CorpusChristi #Louisiana #business
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