Venezuelan oil stuck at ports, PDVSA struggles

Venezuelan oil stuck at ports, PDVSA struggles

Venezuela’s oil inventories have begun building up at the country’s ports as the US sanctioned state-owned oil company PDVSA is finding it cannot export crude at its usual rate. Earlier in the week, the US Treasury Department announced sanctions that effectively halt US purchases of oil from Venezuela. 40 per cent of the South American country’s crude is sold to the US.

Timothy
Timothy
IIZard
IIZard 1 year

In before "all our past economic issues are the fault of the US sanctions placed just now!"

M.Twain
M.Twain 1 year

Koch's won't be happy, they refine the majority of Venezuelan oil.

Carlos Amonimus
Carlos Amonimus 1 year

it's not only sanction against the petroleum industry's , it's also asset to resources of the government in our( 1 billion in gold)', crippled of economy to destruction of process of democratification

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