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US crude oil returns to China in small volumes amid ongoing US-China trade talks

US crude oil returns to China in small volumes amid ongoing US-China trade talks

Oil Markets · S&P Global Platts

March 22, 20193m 57s

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Show Notes

US crude is returning to China in small volumes, signaling growing confidence among Chinese buyers that the ongoing trade talks between China and the US will yield a favorable outcome. Sinopec most recently bought a VLCC of US crude to be delivered to China in late May, after having halted all...