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2020-03-04 09:45:00

VENEZUELA'S OIL EXPORTS UP 9%

VENEZUELA'S OIL EXPORTS UP 9%

REUTERS - MARCH 2, 2020 - Venezuela's oil exports rose 9% in February from the previous month, as some buyers rushed to take cargoes ahead of the expiration of a wind-down period as part of new U.S. sanctions on PDVSA and its trade partners, data from the state-run firm and Refinitiv Eikon showed.

Washington imposed tough sanctions on PDVSA in 2019 and launched a strategy of "maximum pressure" this year to oust Venezuela's President, Nicolas Maduro, extending sanctions to PDVSA's main trade partner, Rosneft Trading, while making threats on other customers.…

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Earlier:

VENEZUELA'S OIL EXPORTS UP 9%
2020, February, 26, 10:20:00
U.S. RUSSIA, VENEZUELA SANCTIONS FAILURE
TNK Trading International SA is scheduled to load 14.3 million barrels of Venezuelan crude in the first two months of 2020, compared with 5 million in all of 2019, according to shipping reports compiled by Bloomberg. That may offset any lost oil revenue for the Maduro administration, underscoring the difficulty of shutting Venezuela’s access to the global market.
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2020, February, 10, 10:45:00
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Tags: VENEZUELA, OIL, PDVSA
Chronicle:
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