Venezuela oil exports continue to flow

Venezuela’s state-run oil company PDVSA is shipping some 1.15 million barrels per day of crude and refined products unimpeded by U.S. sanctions and payment restrictions, according to Reuters data

VENEZUELAN CRUDE OIL DESTINATIONS

Cargoes en route since start of sanctions on Jan 28

Volumes in million barrels per day*

Total volume 18.36

U.S. 0.45
Cuba 0.24
India 7.9
China 0.9 
Japan 0.24
Venezuela
Unknown 0.95
Brazil 0.24
Singapore 4.8
Europe (Netherlands, Spain and Sweden) 2.64


*Data as of Feb 12. Numbers exclude cargoes loaded in same period that remain anchored off Venezuelan ports due to payment obstacles created by U.S. measures

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Source: Reuters Picture: Wikimedia Commons © GRAPHIC NEWS