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Tag: Venezuelan crude

Energy, Industries

Venezuela Has $500 Million of Crude Sitting in Ships — but Nobody Wants to Buy It

February 26, 2019

Via: Fortune

Venezuela is running out of space to store its sanction-stained crude that few dare to buy, forcing it to reduce output at a time when the world is thirsty for heavy, sulfurous oil. Tankers holding 8.36 million barrels of Venezuelan […]