Latest Sign of Venezuela’s Oil Collapse Is 84% Surge in Stockpiles

BLOOMBERG, OCTOBER 24, 2020 By Lucia Kassai for Bloomberg — Venezuelan crude inventories have surged 84% over the last three weeks as the threat of U.S. sanctions ward away buyers of the nation’s most important commodity. That raises the risk that state-run PDVSA will have to start shutting in production again, and is the latest … Continue reading Latest Sign of Venezuela’s Oil Collapse Is 84% Surge in Stockpiles