Surging US Crude Surpluses vs. Declining China Demand Rising surpluses from the world's largest energy producer and a net exporter -- the US -- and declining crude oil imports from top consumer China may add fuel to a typical high-price cure cycle. My graphic highlights the glut of US and Canadian crude and liquid fuels approaching 9 million barrels a day in 2027, and falling auto sales and crude imports in China. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/tm4bt8kiups8 {BI COMD} #crudeoil #energy #China @BBGIntelligence