MercoPress. South Atlantic News Agency

Venezuela diverting oil to Russia's Rosneft, ignoring contracts in the US

Venezuela's state-run PDVSA has reduced crude sales to its U.S. refining unit Citgo Petroleum while increasing supply to Russia's Rosneft, following a plan signed in May to catch up on overdue deliveries, according to PDVSA documents, sources from the company and its joint ventures. Read full article