Daily Energy Report
Tariffs & China oil imports, China gas, US LNG exports, Wall Street rejects climate, Kazak rare earths, Venezuela exports, Canada oil profit, Global refinery closures, US coal leases, and more.
April 02, 2025
Chart of the Day
EOA: How Would Tariffs Change the Sources of China's Oil Imports?
Summary
Figure (1) compares China's crude oil imports in Q1 2025 to Q1 2024. Imports declined year-over-year. The chart shows imports numbers in million barrels per day from major exporters: Saudi Arabia's increased, Russia's decreased, and imports from Iran remained steady, though higher due to third-country routing.