AGP Executive Report
Last update: 4 hours agoOil & Shipping: Washington is considering allowing previously sanctioned tankers to carry “legal oil” to ease record freight costs, a move that could help Venezuelan crude reach buyers, though analysts doubt it will sharply lower rates. Oil prices fell Thursday; OPEC said Venezuela’s output rose by 18,000 barrels a day in September. Energy Trade: Secretary of State Marco Rubio is due in India next week as Washington encourages more purchases of Venezuelan crude. Reliance Industries, whose refinery he is scheduled to visit, is the largest buyer outside the United States. Policy & Investment: The U.S. removed National Assembly leader Jorge Rodríguez from its sanctions list as bilateral engagement expands. Separately, the Inter-American Development Bank expects its first disbursement from a $2 billion financing package for Venezuela.
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