Venezuela’s Oil Exports Sink to 17-Year Low, Choked by U.S. Sanctions


By Reuters

Venezuela’s oil exports plummeted in May to their lowest level since 2003 as U.S. sanctions choked exports and two Mexican firms that had acted as intermediaries for Venezuelan crude sales stopped receiving oil, Refinitiv Eikon data and internal s…

Published: June 2, 2020 at 03:08PM

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Exclusive: Mexico Probes Libre Abordo’s Oil-For-Food Pact With Venezuela


By Reuters

The Mexican government’s financial crime department is investigating Libre Abordo, a Mexico-based firm that received millions of barrels of Venezuelan crude under an oil-for-food pact, in a probe coordinated with U.S. agencies, the department’s ch…

Published: June 2, 2020 at 02:38PM

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