Exclusive-Venezuela's PDVSA selling oil only to individually licensed companies, sources say
Yahoo Finance·2026-02-13 17:06

By Arathy Somasekhar and Marianna Parraga HOUSTON, Feb 13 (Reuters) - Venezuela's state-run oil company PDVSA has refused to sell oil to companies without individual U.S. licenses in the past two weeks, four sources from companies seeking to buy cargoes told Reuters, limiting exports and preventing the country from draining brimming storage tanks ‌faster. Washington last month granted both a general license that broadly permits oil exports, and individual licenses to traders Trafigura and Vitol to expo ...