Venezuela’s PDVSA seeks up to 4.2 mln bbl of U.S., Russian crudes

Venezuela’s state-run oil company PDVSA has launched tenders to buy up to 3 million barrels of U.S. light sweet crude and 1.2 million barrels of Russia’s Urals crude for January delivery, according to documents seen by Reuters. PDVSA is requesting five 600,000-barrel cargoes of U.S. West Texas Intermediate or DSW crudes. It would also accept the oil coming in two 1-million-barrel cargoes and an additional 600,000-barrel cargo In a separate tender, the firm is seeking two 600,000-barrel cargoes of Urals medium crude for January delivery More…