Commodities & Energy

Venezuela's PDVSA orders prepayment for U.S.-bound oil cargoes

Venezuela's PDVSA orders prepayment for U.S.-bound oil cargoes

With the political standoff in Venezuela heating up, Reuters exclusively reported on the country’s embattled state-controlled oil firm’s efforts to ensure flow of cash for its export cargoes, and a battle between the government and opposition to secure control over the country’s most prized asset – U.S. refiner Citgo.


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