Oil Retreats as Chinese Tariffs Escalate Trade Battle With U.S.

The video discusses the impact of trade tensions on US crude oil and LNG exports to China, highlighting the reduction in crude shipments and the challenges faced by LNG exporters. It also examines the role of gold as a haven asset amid these tensions, noting its recent gains and increased investor interest.

What has been the impact of trade tensions on US crude oil exports to China?

• Increased exports due to higher demand

• No change in export levels

• Significant reduction in exports

• Exports have been banned completely

Which countries have raised prices on oil products due to reduced US crude supply to China?

• Canada and Mexico

• Brazil and Argentina

• Russia and Venezuela

• Iraq and Saudi Arabia

How have trade tensions affected the US LNG sector?

• Increased investment in export terminals

• No impact on the LNG sector

• Easier supply agreements with China

• More difficult development of export terminals

What is the current competitive position of US LNG cargos compared to others?

• More competitive than Nigerian cargos

• Equally competitive as Nigerian cargos

• Less competitive than Nigerian cargos

• Not in competition with Nigerian cargos

What recent trend has been observed in the gold market?

• Gold has been replaced by silver as a haven asset

• Gold prices have decreased

• Gold is no longer seen as a haven asset

• Gold prices have increased as a haven asset