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China’s purchases of US crude fell on trade war jitters

Chinese buyers are estimated to have cut crude purchases from the US by 100,000 barrels per day on average in August and September from the July level. Wood Mackenzie says concern about the potential impact of tariffs on in-transit cargoes affected purchases

Chinese purchases of US crude amounted to an average of 260,000 barrels per day in in the latter two months, down from 360,000 bpd for the month of July

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