Trafigura is looking for permits to build an crude export terminal off Corpus Christi in Texas to transport US shale to Europe and Asia. Photo: Bloomberg

‘It’s obvious you need China’: trader says tariff war must end if United States wants to cash in on booming oil volumes

  • While American oil for export is up by a million barrels a day, refinement capacity struggles and trade sanctions deny producers access to a big, hungry market
Topic |   US-China trade war

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Trafigura is looking for permits to build an crude export terminal off Corpus Christi in Texas to transport US shale to Europe and Asia. Photo: Bloomberg
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