July 25, 2024

Venezuela’s PDVSA boosts oil exports in Jan due to new clients -data

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Venezuelan PDVSA’s growing pool of new customers helped the state oil company boost exports in January, but the increase was not enough to offset the cumulative effect of U.S. sanctions, according to documents from the firm and vessel tracking data. Washington imposed strict sanctions on PDVSA in early 2019, depriving the company of its main export market, the United States. By Marianna Parraga, Mircely Guanipa. Full Text -> Reuters

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