China’s retaliatory tariffs on the U.S. may cause oil exports to decline in 2025, Arathy Somasekhar of Reuters reports. While China’s purchasing of oil has diminished in recent years, exports were 166,000 barrels per day in 2024, accounting for nearly 5% of all of U.S. crude exports. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Shell (SHEL) and TotalEnergies (TTE).
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