Venezuela’s Oil Exports Drop 9% as Freight Costs Bite | HappeningNow.news

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Venezuela’s Oil Exports Drop 9% as Freight Costs Bite

Julianne Geiger is a veteran energy journalist and market analyst with more than a decade of experience covering the global oil and gas sector.

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Julianne Geiger is a veteran energy journalist and market analyst with more than a decade of experience covering the global oil and gas sector. Her… Venezuela’s oil exports fell nearly 9% in September to 1.08 million barrels per day as soaring tanker costs forced traders to demand steeper discounts and delayed cargoes leaving the country.

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