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US official says Indian private companies have stopped importing oil from sanctions-hit Venezuela

Updated : March 22, 2019 11:50 AM IST

Venezuela produces around 1.57 million barrels of oil per day, half of what it produced two decades back.
With the US stopping imports from Venezuela, PDVSA is seeking to retain buyers in other big consuming countries such as China and India.
US official says Indian private companies have stopped importing oil from sanctions-hit Venezuela
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