Commodities & Energy

Reuters reveals Venezuela oil exports stable in March despite sanctions, blackouts

Reuters reveals Venezuela oil exports stable in March despite sanctions, blackouts

Reuters reported exclusively that Venezuela’s state oil company PDVSA kept oil exports near 1 million barrels per day in March, despite U.S. sanctions and power outages that crippled its main export terminal. Providing details from PDVSA documents and Refinitiv Eikon data, Reuters broke the news that the country’s exports in March were only slightly below February’s shipments.