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Rafael Ramirez, former president of PDVSA, under investigation for corruption

Friday, February 24, 2017

Venezuelan crude sales to U.S. falls to 675,160 bpd in Jan

Sales of Venezuelan crude to the United States declined to 675,160 barrels per day (bpd) in January due to a large drop in shipments of diluted oil from the country's main producing region, according to Thomson Reuters Trade Flows data. Venezuela's oil exports have declined in recent years amid a steep fall in output. Last year the United States received its lowest level of imports in 25 years from the OPEC-member country, according to the same data.. More…

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