Reuters

La casa comercial Trafigura vendió un cargamento de petróleo venezolano a una refinería española, mientras que su rival Vitol se prepara para exportar fuel oil venezolano en momentos en que los envíos desde la nación miembro de la OPEP se aceleran bajo un acuerdo de suministro de petróleo respaldado por Estados Unidos tras la captura […]

Reuters

TL;DR

  • Trafigura sold a cargo of Venezuelan oil to Spanish refiner Repsol.
  • Vitol is preparing to export Venezuelan fuel oil and has negotiated with U.S. refiners.
  • Both companies received U.S. licenses to export Venezuelan oil, with initial sales totaling $500 million.
  • Venezuelan oil is being sold at higher prices than under previous U.S. sanctions.
  • Vitol is assessing PDVSA terminals for fuel oil loading and expects a naphtha shipment to Venezuela.
  • Naphtha is needed to dilute heavy Venezuelan crude for transport.
  • Increased exports are expected to help PDVSA reverse production cuts.