Recent activity in the US Gulf Coast shipping market signals that Chinese buyers have returned to buying US crudes oil after halting all imports of US grades in August and September. Receive daily email alerts, subscriber notes & personalize your experience. Register Now As trade tensions between the two countries heated up, there were no US crude oil exports to China in August and September, according to US Customs data and S&P Global Platts Analytics. That’s a stark contrast to previous months when China bought 15 million barrels and 13 million barrels of US crude in June and July, respectively. Official export data for October is not yet available. This week Mercuria was heard to have fixed the VLCC New Pioneer for a December journey from the US Gulf Coast to China for the lump sum of $9 million. Additionally, Day Harvest, which is the chartering arm […]