August 8, 2024

Indian refiners plan to wind down Venezuelan oil buys in April – sources

Courtesy of Wikimedia

Indian refiners Reliance Industries and Nayara Energy are planning to wind down purchases of Venezuelan oil in April fearing future U.S. sanctions could choke off all avenues to trade with state-run oil firm PDVSA, three sources with knowledge of the matter said. By Nidhi Verma, Devika Krishna Kumar, Marianna Parraga. Full text ->

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