Sign Up

Venezuela to cut oil output due to US export embargo

RTE 1 min read 2 months ago

Venezuela's state-run oil company PDVSA has begun cutting crude production because it is running out of storage capacity due to an ongoing US oil blockade that has reduced exports to zero.
Read original RTE

More from RTE

Donal Lenihan previews the weekend's European action
Mullane: Watertight Limerick can edge Cork
McIlroy has his sights set on back-to-back Masters
Maguire and Walsh three off the lead in Las Vegas

Related in Business

Fuel heading to Australia won't last a month, industry says
'There's a chance of a recession,' warns Westpac boss
Bank of America's $105m settlement with Epstein victims wins preliminary approval
Hospitality operators call for end to Rottnest's staffing advantage