Commodities
Vitol Ships First Oil From Venezuelan Shore in Trump Mega Deal
The Petroleos de Venezuela SA (PDVSA) El Palito refinery in El Palito, Venezuela.
Source: Bloomberg
Commodities trader Vitol Group loaded its first oil cargo from Venezuela’s shore-based storage tanks, a move set to help clear bottlenecks and pave the way for the South American crude giant to ramp up production.