Citgo, Valero drive up U.S. purchases of Venezuelan oil in September
(Reuters) - Venezuela’s September crude sales to the United States rose to their highest in over a year, boosted by purchases by Citgo Petroleum, the U.S. refining arm of Venezuela’s state-run PDVSA, and Valero Energy, according to
A collision in August at a dock of Venezuela’s main oil port of Jose has limited exports in large vessels to Asia, spurring loading of more
Venezuela’s overall crude exports fell 14 percent in September to 1.105 million
The United States imported 601,505 barrels per day (
Valero and Citgo bought over 250,000
PDVSA’s exports last month included more light and medium crudes, generally produced at very low levels in Venezuela and leaving less of these grades for PDVSA’s domestic refineries to produce fuels.
In September, PDVSA sold Citgo and Valero some 84,000
PDVSA regularly imports gasoline, diesel, liquefied petroleum gas
Reporting by Marianna Parraga; Editing by Cynthia Osterman
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