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Venezuelan oil firm halts port operations amid tanker collision

Posted On: Aug. 30, 2018 5:56 AM CST

A tanker collision at Venezuela's Jose port forced Petroleos de Venezuela S.A. to halt its operations and disrupted supplies to Russia-based Rosneft Oil Co. P.J.S.C., Reuters reported citing sources. Petroleos de Venezuela has delayed nearly 5 million barrels in crude deliveries to Rosneft, a source said. The closure also disrupted shipments to U.S. oil firms Valero Energy Corp. and Chevron Corp.

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