Venezuela's PDVSA says oil supply negotiations with US progressing
I'm PortAI, I can summarize articles.
Venezuela's state-run oil company PDVSA announced progress in negotiations with the U.S. for oil sales, emphasizing that the U.S. must purchase cargoes at international prices. This follows a deal allowing access to $2 billion worth of Venezuelan crude, amid U.S. demands for greater access to the oil industry. PDVSA stated that discussions are based on legal and transparent commercial terms, with Chevron being the only company currently exporting Venezuelan oil under a special U.S. license despite ongoing sanctions.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments