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US Imports of Venezuelan Oil at Zero For Three Weeks in a Row Amid Tensions - Report

From sputniknews.com

US imports of Venezuelan crude oil are at zero barrels per day for three weeks in a row, according to the Energy Information Agency's weekly report for the week ending June 7. By comparison, the report noted, during the same period last year, the US imported some 663,000 barrels per day from the Bolivarian Republic. The absolute halt in imports is the third since January. In March, the US similarly halted all imports of Venezuelan oil for a three week period. In May, imports dropped to zero for two weeks. Washington has also established a slush fund to fund the opposition using the seized wealth. Recently, Venezuelan ... (full story)

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  • Category: Fundamental Analysis