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Venezuela Cuts Oil Sales to U.S., China to Comply With OPEC
Published January 7, 2009, 7:39 pm, Bloomberg
Jan. 8 (Bloomberg) -- Venezuela reduced oil exports to the U.S., China and Europe as part of an OPEC output cut designed to bolster prices. Crude sales to the U.S. were lowered by 166,000 barrels a day, sales to China reduced by 18,000 barrels a day, and to Europe by 5,000 barrels a day, the country’s Energy and Oil Ministry said in a statement . The largest cut, of 90,000 barrels, is to ...
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