Sanctions-hit Venezuela offers big discounts as oil prices collapse: traders

By Marianna Parraga and Luc Cohen (Reuters) – Venezuela’s oil company PDVSA is this week offering discounts of up to $ 23 per barrel on its flagship crude, traders said, as a collapse in global oil prices puts more pressure on the state-run firm, already reeling from tightening U.S. sanctions. Petroleos de Venezuela [PDVSA.UL] had […]

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