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Non-Tech : The Brazil Board
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To: E_K_S who wrote (2461)2/6/2025 3:00:27 AM
From: elmatador   of 2504
 
China's decision to impose 10% tariffs on U.S. crude oil imports opens a "window of opportunity" for Brazil to increase its oil shipments to China.


Brazil last year was 7th-largest supplier of oil to China, with an average of 720,000 barrels per day.

"There can actually be an increase," IBP's Roberto Ardenghy told Reuters on the sidelines of an event in Rio de Janeiro.

https://www.reuters.com/markets/commodities/china-tariffs-us-oil-an-opportunity-brazil-says-lobby-group-2025-02-04/
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