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China’s Retaliatory Tariffs on Crude Likely to Push US Exports Lower in 2025

Summary • Beijing slapped 10% tariffs on U.S. crude imports after U.S. levies imposed • U.S. crude export growth stalled in 2024, rising just 0.6% • Medium-sour crude exports to China may stay in U.S. refineries (Reuters) – China’s retaliatory tariffs on the United States may cause U.S. oil exports to decline in 2025 for …

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Oil Firms Slightly as Trump Policies Continue to Drag on Prices

Summary Saudi Aramco raised March crude prices for Asian buyers • U.S.-China trade tariffs cloud oil demand outlook • Trump policies make for oil market volatility, analysts say Oil prices edged up on Thursday after Saudi Arabia’s state oil company raised its March crude prices sharply, but the gains barely dented the previous day’s slide …

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TotalEnergies CEO Doubles Down on US LNG, Downplays Trump Tariff Fears

(Reuters) – TotalEnergies will expand its investment in U.S. liquefied natural gas over the next decade as the French company seeks to cement its position as a major exporter of U.S. LNG, its CEO told Reuters on Wednesday, dismissing fears by American market watchers that more exports could boost U.S. gas prices. In an interview …

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OPEC Oil Output Falls for Second Month in January on Nigeria, Iran, Survey Finds

(Reuters) – OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset a rebound from the United Arab Emirates where field maintenance had curbed output in December. The Organization of the Petroleum Exporting Countries pumped 26.53 million barrels per day last …

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