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Venezuelan State Company Stops Sales

Anonymous No.686198 View ViewReplyOriginalReport
Quoted By: >>686226
Petroleos de Venezuela SA, the state oil company, cut off sales of crude, gasoline and diesel to Exxon Mobil Corp. in retaliation for the freezing of $12 billion in assets in a legal dispute.

Petroleos de Venezuela ``paralyzed'' sales to Exxon in response to court-ordered asset freezes, the Caracas-based company known as PDVSA said in a statement. PDVSA said it will supply the refinery it co-owns with Exxon in Chalmette, Louisiana.

http://www.bloomberg.com/apps/news?pid=20601086&sid=aZnt.b2IBU2c&refer=news
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