China’s refiners boosted U.S. purchases after flagship oil grades slumped into negative territory in April.
But narrowing refining margins and swelling stockpiles are expected to slow the import pace in the third quarter.China more than trebled its LNG import volumes from the United States in the first half of 2020 compared to 2019, to 878,754 tonnes.
The demand for metallurgical coal is highly coupled to the demand for steel.
“China is unlikely to fulfil its Phase 1 commitments as they were overly ambitious to begin with,” said Michal Meidan, a director at the Oxford Institute for Energy Studies, adding she expected Beijing to step up purchases to show goodwill.
China ain't buying anything from the WH crook. The WH crook doesn't want to do business with any other country anyway. He withdraws the US pride into the WH water closet.
How will America fry its chips in 2021?
China control game..25 percent working diplomacy better option
Who would have thought 🤪
Did you expect them to cover it all ever heard of covid.
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