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Montevideo, June 21st 2018 - 23:28 UTC

Venezuela's oil delivery contracts could suffer 50% haircut

Wednesday, June 6th 2018 - 08:52 UTC

Venezuela’s state-owned PDVSA is considering a declaration of force majeure on some of its oil supply contracts in June unless its clients agree to accept volume reductions of up to 50%, Argus reported on Tuesday, citing PDVSA officials. Read full article

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