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U.S. Oil Import Ban To Leave More n Crude Unsold

Started by forex4you, Mar 09, 2022, 06:20 pm

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U.S. Oil Import Ban To Leave More n Crude Unsold

The U.S. decision to ban imports of n oil is likely to worsen 's struggles to sell its cargoes as buyers will avoid n crude even more than they have been doing so far, traders told Reuters after U.S. President Joe Biden said on Tuesday America is banning n energy imports immediately. The ban includes not only n oil, but also coal and liquefied natural gas (LNG). The United States, which imports around 500,000 bpd of n crude and products, can afford to ban imports from  without severe consequences...


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