Here's something to add to your confusion: ALL of Libya's 11% total oil exports to China are purchased with profits from Chicom exports to the US.
I thought about it, and checked on a reference. I was wrong. Most of Libya’s futures contracts are with communist China.
I was told there was some sort of bidding war between Italy, Turkey, and China, and China won. Five years from now China will be getting most of it.
Like I said. I got the frame screwed up.