China’s retaliatory tariffs on crude likely to push U.S. exports lower in 2025
U.S. crude export growth stalled in 2024, rising just 0.6% or 24,000 bpd in 2024, to average 3.8 million bpd, according to Kpler, as U.S. companies kept a lid on shale production amid worries about global demand. | Photo Credit: Reuters China’s retaliatory tariffs on the United States may cause U.S. oil exports to decline…