(Reuters) – U.S. oil refineries are expected in the next few days to report the worst second-quarter results in a decade, with output exceeding demand, while pandemic-related closings have undermined trips by summer. FILE PHOTO: Valero Energy Corp. service station shown in El Cajon, California, USA, August 8, 2017. REUTERS …
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United States Secretary of State Mike Pompeo gives a press conference on the deals with China and Iran, and on the fight against the coronavirus disease pandemic (COVID-19), in Washington, USA. USA, June 24, 2020. Mangel Ngan / Pool via REUTERS WASHINGTON (Reuters) – The United States imposed sanctions on …
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MEXICO CITY / SINGAPORE (Reuters) – Oil tankers transporting nearly two months of Venezuelan oil production are trapped at sea as world refineries avoid the nation’s crude to avoid falling under U.S. sanctions, according to sources at the industry, PDVSA documents and shipping data. Washington is tightening sanctions to reduce …
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