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 sign that Venezuela’s oil industry …
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Venezuela Defies U.S. Sanctions With First Iranian Oil Import (VIDEO)
BLOOMBERG, SEPTEMBER 14, 2020 Ship is discharging Iranian condensate at PDVSA terminal | Venezuela’s oil production is at lowest level since 1910s By Lucia Kassai and Fabiola Zerpa for Bloomberg – An oil tanker is discharging Iranian condensate for Venezuela as both countries continue to avoid U.S. sanction tripwires. The ship is identified in internal documents as Honey, according to a report and …
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