BEIJING—It was a gusher few expected. What began as a trickle of U.S. crude being sold to China is turning into a flood, the result of a surprise American glut that has made the country’s oil cheaper than Mideast rivals just two years after Congress lifted a 40-year export ban. China, one of the world’s largest oil importers, bought nearly 100,000 barrels of oil a day from the U.S. in the first five months of 2017—10 times the...

Source: Wall Street Journal July 06, 2017 12:31 UTC