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Home > Chemicals Market Price & Insight > Crude oil Market Price & Analysis > Featured News - Crude oil > Venezuela Starts Requiring Buyers to Make Upfront Payments for Spot Crude Exports
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Venezuela Starts Requiring Buyers to Make Upfront Payments for Spot Crude Exports

ECHEMI Info 2022-06-09
Venezuela's state-run oil company PDVSA, which began switching most of its oil sales to prepaid sales last month, is requiring buyers of spot cargoes to pay in full.

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