Exclusive-Valero buys Venezuelan oil cargo as part of Washington's deal with Caracas
By Georgina McCartney and Arathy Somasekhar HOUSTON, Jan 21 (Reuters) - Valero bought a cargo of Venezuelan crude oil, two sources said on Wednesday, the first deal by a U.S. Gulf Coast refiner struck as part of Washington's deal with Caracas to buy up to 50 million barrels of the South American country's crude. Valero bought the crude from trading house Vitol, one of the two sources said. The crude was traded for delivery to the U.S. Gulf Coast at a discount of about $8.50 to $9.50 to Brent crude ...