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…



No comments:

Post a Comment