Following the U.S. sanctions, Venezuela’s oil inventories have swelled to a five-year high, The Wall Street Journal reported on Thursday, citing satellite data—a sign that Venezuelan oil buyers are fleeing and the country sitting on top of…
Posts tagged PDVSA
Venezuela’s PDVSA seeks to barter its oil with India
Venezuela is open to barter payment arrangements with India as it seeks workarounds to U.S. sanctions imposed in late January, Venezuelan Oil Minister Manuel Quevedo said on Monday. Caracas, which buys medicines and other products…