Purchases of US oil byproducts by Venezuela jump 10%

Venezuela's purchases of US oil byproducts continue on the rise, according to information released by the US Department of Energy. Data shows Venezuela's imports of oil byproducts from the United States soared 10.6% in January-November 2013, totaling 83,000 barrels per day (bpd).  In the case of finished gasoline, Venezuela imported some 19,000 barrels per day (bpd) in 2013, 50% below imports recorded one year earlier, when the oil industry was hit by the deadly and costly explosion in Amuay refinery, northwest Venezuela. More...