Because of the trade tensions, China has stopped buying U.S. crude oil: world-news-monitor.com
China stops buying crude oil from the U.S
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INB4 obligatory "how do I profit from this" from some Jow Forums brainlet
Cutting off their nose to spite their face.
Soon US won’t just be the biggest supplier, they’ll be the only stable/trustworthy provider on the globe.
If anything this shows how desperate they are in a fight with the west.
Also possible they can’t pay for it because they’re broke and using this as a smokescreen.
Bullish for USD if anything.
Good. Now they buy from Venezuela, which U.S. stopped buying from.
and the market rejoices
China stopped buying US crude since the beginning of the trade war
It's getting more and more clear by the week that the US can go fuck itself in terms of global politics.
Get a load of the dumb fucking faggot who hasn't seen a Peter Zeihan lecture.
unless China actually succeeds in breaking the petro dollar.
alot of places are going green. what happens when the global demand for oil is only from 3rd world shitholes?
>China just buys Russian Oil and pays in Gold
Mutts BTFO