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China, India not keen on US light crude exports

Published Wed, Nov 23, 2016 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

New York

TWO of the world's fastest-growing economies have barely noticed the first year of unrestricted US crude exports since the 1970s.

In the first year since the US lifted a 40-year-ban on most exports, less than 3 per cent have gone to China and India even as their demand for oil grew. India hasn't taken a drop, according to US Census data.

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