Venezuelan state-run oil company Petroleos de Venezuela (PDVSA) may begin cutting shipments to China that are used to pay for previous loans in favor of prioritizing shipments to the United States or India, which pay in cash, Argus Media reported Oct. 19.

China, Venezuela: Caracas To Divert Oil Shipments Away From Beijing

Venezuela

China

Energy

Commodities: A Cautionary Tale

Venezuelan state-run oil company Petroleos de Venezuela (PDVSA) may begin cutting shipments to China that are used to pay for previous loans in favor of prioritizing shipments to the United States or India, which pay in cash, Argus Media reported Oct. 19. 

SITUATION REPORT

China, Venezuela: Caracas To Divert Oil Shipments Away From Beijing

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