Venezuela Demands Prepayment For Its Oil ...Middle East

OILPRICE - Economy
Venezuela Demands Prepayment For Its Oil
source : OILPRICE ( Middle East ) () 15
Venezuela’s state-owned oil firm PDVSA has tightened the prepayment rules for its oil after a review of contracts, demanding now cargoes be paid in cash or in goods and services that should be received before loadings can take place, Reuters reported on Monday, quoting PDVSA documents it had seen. Earlier this month, Venezuela’s PDVSA suspended most of its crude oil exports and some fuel exports for a review of the contractual terms, a review that was to be conducted under the new head of the company, Pedro Rafael Tellechea. The review…

Hence then, the article about venezuela demands prepayment for its oil was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Venezuela Demands Prepayment For Its Oil )

Apple Storegoogle play

Last updated :

Also on site :



Latest News

A future classic in the making: The eco-friendly iCAUR V27 makes its Middle East debut

before hour & 2 minute

Gold Breaks Higher Amid Mounting Global Debt Fears

before 3 hours & 10 minute

The 2025 Meet Global MICE Congress has drawn twice as many participants

before 4 hours & 56 minute

Remembering Lou Gerstner

before 5 hours & 57 minute

Nigeria: Telecom Sector Shows Resilience Amid Tariff Hikes, Infrastructure Push

before 6 hours & 20 minute

Nigeria: The Attack On Nigeria's Power Infrastructure

before 6 hours & 44 minute

Muscat stock exchange index falls 0.26 percent

before 7 hours & 40 minute

Billion-Dollar Data Centers Are Taking Over the World

before 9 hours & 58 minute

Best Accounting Software for UK Small Business (January 2026): Sage Recognised as the Leading Solution for Managing Finances by Consumer365

before 10 hours & 41 minute

The Dollar Is Facing an End to Its Dominance

before 10 hours & 56 minute

LG Display showcases wide lineup of world-first, leading OLED monitors

before 20 hour & 9 minute

Why China Is Driving Short-Term Oil Prices But OPEC Still Holds the Lever

before 21 hour & 2 minute

China Passes Amendments to Foreign Trade Law to Boost Trade War Capabilities

before 21 hour & 11 minute

Small Modular Reactors Are the Perfect Fit for Kazakhstan’s Power Grid

before 23 hour & 8 minute

How Israel Is Reframing the Iran Threat

2025-12-27