Venezuela-US Detente Sparks Jump in Asian Fuel-Oil Margins
Oil
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Article by:
Lucia Kassai and Elizabeth Low - Bloomberg
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Date Published:
March 20, 2023
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Who was cited:
FGE
Profits from making one of the world’s dirtiest fuels are soaring in Asia as Chinese refiners snap up replacement feedstocks for dwindling Venezuelan oil shipments after a partial sanctions reprieve allowed exports to the US to resume.
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