Venezuela’s Oil Exports Double in November As Mysterious New Buyers Emerge ...Middle East

Venezuela’s oil exports doubled in November, data from PDVSA and Refinitiv Eikon showed on Wednesday. Venezuela’s crude oil exports were less than 370,000 barrels per day in October, on average. In September, Venezuela’s oil exports averaged 392,000 bpd. But in November, the sanctioned country’s oil exports picked up substantially, to 69,000 bpd on average, after it found eager new buyers. These new buyers include Xiamen Logistic Grass, Olympia Stly Trading, Zaguhan & Co., Karaznbas, Kalinin Business International and…

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