PDVSA Signs Spot Contracts as Companies Rush to Buy Venezuelan Crude
By José Luis Granados Ceja for Venezuelanalysis. Venezuelan state oil company PDVSA has signed at least three spot sales contracts and is in the midst of negotiating more supply deals following Washington’s temporary easing of sanctions on the country’s energy sector. Since 2017, PDVSA has been under US sanctions, including an export embargo that has …
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