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Oil traders expect Asia to import more Venezuelan crude if U.S. sanctions kick in

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Oil traders expect Asia to import more Venezuelan crude if U.S. sanctions kick in
15 August 2017, Singapore/Houston — Asia would be the biggest beneficiary of any potential sanctions by the United States on Venezuela’s oil sector, said traders and analysts, as exports from the South American OPEC member, could be redirected to the region, filling a vacuum left by producer supply cuts. Washington is considering sanctions on Venezuela’s […] More »
Oil traders expect Asia to import more Venezuelan crude if U.S. sanctions kick in Oil traders expect Asia to import more Venezuelan crude if U.S. sanctions kick in Reviewed by Crude Oil Facilitators on 11:49 Rating: 5

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