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European companies are considering long-term contracts and production rights for Venezuelan crude oil imports.

1 report, 1 independent Updated Jun 11
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What happened

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European companies are considering long-term contracts and production rights for Venezuelan crude oil imports.

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What this event is mainly about

How it developed

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  1. Vitol and Trafigura are involved in the market where European companies are buying Venezuelan crude oil, which is being offered at a discount to Brent prices.Sub-event
  2. European companies explore investments in Venezuelan oil fields.1 source

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