Tuesday, 18 August 2020

China buys millions of barrels of U.S. oil to comply with trade deal

As much as 14 million barrels -- or seven super-class tankers full -- of U.S. oil will be loaded next month for delivery to China, according to estimates by Vortexa Ltd. based on provisional tanker bookings. If all those shipments make the trip that will be more than double the volumes set for August. More »

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