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Saturday, 27 October 2018

Venezuela, Mexico divert crude to U.S. as Canadian barrels get stuck

Venezuela, Mexico divert crude to U.S. as Canadian barrels get stuck
27 October 2018, News Wires — Cash-strapped state-run oil companies in Mexico and Venezuela have begun diverting crude historically processed for domestic use and sending it to U.S. refiners now facing transportation constraints to secure similar grades from Canada, data shows. The situation reflects an unusual set of events, including urgent needs by Venezuela and … More »

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