China Shifts Oil Imports From U.S. to Canada Amid Trade Tensions, Importing 5.99 Million Barrels

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Published Apr 16, 2025, 06:04 PM

China is reportedly shifting its oil imports from the United States to Canada amid ongoing trade tensions. This pivot follows a period where China imported approximately 5.99 million barrels of crude oil from the U.S. in January 2025, prior to the imposition of tariffs. BP Whiting has been identified as one of the largest single purchasers of Canadian crude oil, indicating a robust demand for Canadian oil in the current geopolitical climate.

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#China #United States #Canada #BP Whiting #Canadian

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Sources

forexlive.com

ForexLive

@ForexLive

China pivots from the US to Canada for more oil amid trade war https://t.co/nXN3KUAqLf

CHItrader

@CHItraders

$SPY $QQQ $USO $FXI China is said to move from US to Canada for more oil amid trade tensions

The Kobeissi Letter

@KobeissiLetter

BREAKING: China is reportedly pivoting from the US to Canada for more oil amid trade war tensions. China imported 5.99 million barrels of crude from the US in January before tariffs began.