U.S. Oil Is Flowing Freely to China Again After Slowing to Trickle
- More ships with U.S. oil head to China as trade tensions ease
- Return of American shipments come as OPEC supply risks rise
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It seems Asia’s biggest oil buyer can’t stay away from crude pumped in the world’s fastest-growing supplier for long.
A supertanker laden with U.S. oil is floating off China’s eastern coast, awaiting discharge at one of the Asian nation’s busiest ports. The vessel will soon be joined by more ships that will make the two-month voyage from America as long-simmering trade tensions between Washington and Beijing begin to ease.