PDVSA Returns to Buying Light Oil: Reuters Says

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 20.Feb.2025) — Petróleos de Venezuela S.A. (PDVSA) has reportedly resumed its purchases of light crude oil abroad, according to a Reuters report.

This, as the state-owned company’s production of light and medium grade crude oils declines, the news agency reported on 20 Feb. 2025.

Reuters said the details about the oil purchases were obtained from internal documents and tracking data from sources.

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By Piero Stewart reporting from Panama City. © 2025 Energy Analytics Institute (EAI). All Rights Reserved.