For 2nd month in row, and ahead of Trump-Xi meeting this month, US oil exports to China at zero following $1B record.
For the second month in a row and just three months after topping $1 billion and setting a record, U.S. oil exports to China stood at zero.
According to the latest U.S. Census Bureau data, September exports were once again nonexistent.
The exports have dropped to zero for the second consecutive month because of an ongoing trade war between China and the United States that has also ensnared soybeans and runs the risk of hurting Boeing and the U.S. aviation industry.