Explainer: U.S. sanctions and Venezuela's exports and imports | Reuters

by Faiz Ahmed last modified 2019-05-03T08:18:20-04:00
"Chevron, Valero and Citgo have turned to producers of heavy crude in Colombia, Iraq, Saudi Arabia and Canada, as well as sour grades produced in the U.S. Gulf Coast by BP PLC and Royal Dutch Shell PLC, traders and brokers said. Valero has said it has used domestic blends, Canadian crude and a mix of other grades, including crude from Brazil. The U.S. refiners have also secured more crude from West Africa as a replacement, traders said."
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