US crude imports from Venezuela decreased for the third
consecutive week following the restart of a refinery on the coast of Carabobo
state. The US imported an average of 759,000 b/d of Venezuelan crude oil during
the week ended 29 May, down by about 12,000 b/d compared to a week prior and by
83,000 b/d compared to the week ended 8 May, according to preliminary weekly
data by the US Energy Information Administration (EIA). Much of the crude
import drop is because Venezuelan state-owned PdV began to restart its 146,000
b/d El Palito refinery 21 May. It was expected to be fully operational by the
end of May. More… Friday, June 5, 2015
US oil imports from Venezuela down for third week
US crude imports from Venezuela decreased for the third
consecutive week following the restart of a refinery on the coast of Carabobo
state. The US imported an average of 759,000 b/d of Venezuelan crude oil during
the week ended 29 May, down by about 12,000 b/d compared to a week prior and by
83,000 b/d compared to the week ended 8 May, according to preliminary weekly
data by the US Energy Information Administration (EIA). Much of the crude
import drop is because Venezuelan state-owned PdV began to restart its 146,000
b/d El Palito refinery 21 May. It was expected to be fully operational by the
end of May. More…
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