Venezuela’s crude and fuel exports fell in July by some 10% from June to average 727,000 barrels per day (bpd), as Chevron and other partners of state oil firm PDVSA were waiting for U.S. authorizations to resume operations and exports that were prohibited in May. Venezuela also exported about 227,000 metric tons of oil by-products and petrochemicals last month, roughly the same volume as in June, according to PDVSA documents and vessel-tracking data Reuters has compiled. China had the largest share of Venezuela’s oil exports…
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