Reliance halts diluents export to Venezuela, not raised oil buying | Reuters

by Faiz Ahmed last modified 2019-03-15T08:35:00-04:00
"In 2012 Reliance, Venezuela’s key oil client, signed a 15-year deal to buy between 300,000-400,000 barrels per day (bpd) of heavy oil from PDVSA. ... The Indian market is crucial for Venezuela’s economy because it has historically been the second-largest cash-paying customer for the OPEC country’s crude, behind the United States."
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