An oil pump operating in the Permian Basin near Midland, Texas. Photo: Reuters

China’s 2018 crude oil import to rise by 80 per cent. Can it close its US trade gap or assuage Trump?

The world’s second-largest oil refiner, already Asia’s biggest customer of US crude exports, could raise the import bill by buying 10 million tonnes of US crude oil in 2018.

Topic |   Energy

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An oil pump operating in the Permian Basin near Midland, Texas. Photo: Reuters
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