Petroperú Buys Venezuelan Oil for First Time in 17 Years

Key Points — Petroperú purchased two cargoes totaling 1 million barrels of blended Venezuelan Merey 16 and US WTI crude via Trafigura for April–May delivery — the first Venezuelan oil purchase by Peru since 2009 — Separately, Petroperú contracted nearly 500,000 barrels of Bayou Choctaw crude from the US Strategic Petroleum Reserve, also via Trafigura, […] The post Petroperú Buys Venezuelan Oil for First Time in 17 Years appeared first on The Rio Times.

Petroperú Buys Venezuelan Oil for First Time in 17 Years

Key Points — Petroperú purchased two cargoes totaling 1 million barrels of blended Venezuelan Merey 16 and US WTI crude via Trafigura for April–May delivery — the first Venezuelan oil purchase by Peru since 2009 — Separately, Petroperú contracted nearly 500,000 barrels of Bayou Choctaw crude from the US Strategic Petroleum Reserve, also via Trafigura, […]

The post Petroperú Buys Venezuelan Oil for First Time in 17 Years appeared first on The Rio Times.