Vietnam Makes 1st US Oil Purchase of 2025, per Trump Adm. Trade Deal: 1,000,000 barrels

Grokmaster

Grokmaster

Well-known member
Contributor


Nore great news for America....bad news for the lying-ass Demleft/Fake News.




SINGAPORE (Reuters) -Vietnam's Binh Son Refining and Petrochemical (BSR) has bought one million barrels of U.S. West Texas Intermediate crude for November delivery, the country's first U.S. oil purchase in 2025, sources said on Thursday.

BSR bought the light-sweet crude from Mercuria, the sources said. It typically processes domestic crude.


~
In deals negotiated with Washington to avoid high U.S. tariffs and reduce trade surpluses with the United States, Vietnam and other countries such as Indonesia and Thailand have committed to buy more U.S. crude.

At the same time, WTI has become more competitive in Asia for cargoes arriving in November after Middle East oil prices strengthened.
~



 
Grokmaster said:
Nore great news for America....bad news for the lying-ass Demleft/Fake News.




SINGAPORE (Reuters) -Vietnam's Binh Son Refining and Petrochemical (BSR) has bought one million barrels of U.S. West Texas Intermediate crude for November delivery, the country's first U.S. oil purchase in 2025, sources said on Thursday.

BSR bought the light-sweet crude from Mercuria, the sources said. It typically processes domestic crude.


~
In deals negotiated with Washington to avoid high U.S. tariffs and reduce trade surpluses with the United States, Vietnam and other countries such as Indonesia and Thailand have committed to buy more U.S. crude.

At the same time, WTI has become more competitive in Asia for cargoes arriving in November after Middle East oil prices strengthened.
~



Click to expand...
BFD
 
Grokmaster said:
Nore great news for America....bad news for the lying-ass Demleft/Fake News.




SINGAPORE (Reuters) -Vietnam's Binh Son Refining and Petrochemical (BSR) has bought one million barrels of U.S. West Texas Intermediate crude for November delivery, the country's first U.S. oil purchase in 2025, sources said on Thursday.

BSR bought the light-sweet crude from Mercuria, the sources said. It typically processes domestic crude.


~
In deals negotiated with Washington to avoid high U.S. tariffs and reduce trade surpluses with the United States, Vietnam and other countries such as Indonesia and Thailand have committed to buy more U.S. crude.

At the same time, WTI has become more competitive in Asia for cargoes arriving in November after Middle East oil prices strengthened.
~



Click to expand...
What's this more good news? Another day another win.
 
Libhater said:
As noted in the OP, Indonesia and Vietnam are buying more crude oil from America, which in the short or long run will
obviously help further our oil production, and making our economy even stronger.
Click to expand...
We dont produce enough for our own use, how does shipping some of what we pump over seas help us?

Use small words please.
 
Hawkeye10 said:
We dont produce enough for our own use, how does shipping some of what we pump over seas help us?

Use small words please.
Click to expand...

The United States is one of the world's largest oil producers, producing enough crude oil for domestic consumption
and exporting millions of barrels daily. Use small words? Would you like me to reduce the font size of my words?

www.gzeromedia.com

Why does the US Import oil despite producing enough for its needs?

The United States is one of the world’s largest oil producers, producing enough crude oil for domestic consumption and exporting millions of barrels daily. Yet it also imports roughly 8 million barrels daily, mostly heavy crude, much of which comes from Canada. Here’s why ...
www.gzeromedia.com www.gzeromedia.com
 
Hawkeye10 said:
How is this good for me?
Click to expand...

It's not. It's good for big oil and gas though. Oil is a commodity and can be sold to anyone, anywhere, unless sanctions or embargoes are in place. Trump is not only trying to fetter and/or destroy investment in renewable energies, he's busy encouraging American energy producers to sell outside the country. It's like outsourcing our manufacturing, only with a product.

The deplorable garbage MAGATs wanted this and voted for it.
 
Hawkeye10 said:
We dont produce enough for our own use, how does shipping some of what we pump over seas help us?

Use small words please.
Click to expand...

Capitalism. The producers can make more $$$ selling it overseas than they can selling it domestically. If they could only sell it here, we'd see the price of gas aa the pump, electricity, and goods shipped by rail or truck drop in price. Can't have *that,* can we?
 
ThatOwlWoman said:
It's not. It's good for big oil and gas though. Oil is a commodity and can be sold to anyone, anywhere, unless sanctions or embargoes are in place. Trump is not only trying to fetter and/or destroy investment in renewable energies, he's busy encouraging American energy producers to sell outside the country. It's like outsourcing our manufacturing, only with a product.

The deplorable garbage MAGATs wanted this and voted for it.
Click to expand...
:pussyhat: :derp: :yayaseesathreadban: :clinton::cry::cry::cry::cry::cry::cry::cry::magagrin:
 
Death by liburdation with a side of TDS. Its a terrible way to go. Its a lot like dementia but worse. These people were demented long before Trump even entered politics,....he was simply the last straw that broke the Libturds brain and finally their spirit. Yet one more GREAT thing POTUS Trump has done.
 
You must log in or register to reply here.
Back
Top