Oil shipments to U.S. decline 33 percent in February 2013

Posted on April 30, 2013 • Filed under: Oil, Venezuela

Eluniversal.com Declining oil sales to the United States, which are paid in cash, are undermining Venezuelan oil revenue. Despite the ongoing political diatribe between the Venezuelan and the United States governments, the latter country has remained the first buyer of Venezuelan oil.

However, US government statistics suggest that this year trade partners such as China and India are displacing the United States as the top buyer of Venezuelan crude oil. Read Article

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