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PDVSA Cuts Out the Traders as Refiners Return to Venezuelan Crude

Rio Times

WorldRio Times·Jul 30, 2026·1 min read

PDVSA Cuts Out the Traders as Refiners Return to Venezuelan Crude

Venezuela · Energy Key Facts —Exports. Venezuela is shipping more than 1.2 million barrels per day of crude and fuel, against an average of 847,000 bpd in 2025. —Model shift. PDVSA is moving business from trading houses back to direct…

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