Venezuela's PDVSA says oil supply negotiations with US progressing

Core Viewpoint - Venezuela's state-run oil company PDVSA is making progress in negotiations with the United States regarding oil sales, indicating a potential shift in trade relations and market dynamics [1] Group 1: Company Developments - PDVSA is actively engaged in discussions with the U.S. to facilitate oil sales, which could enhance its revenue streams and operational capacity [1] - A board member of PDVSA has communicated to Reuters that the U.S. will need to be involved in the negotiations, suggesting a collaborative approach to resolving trade issues [1]