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EconomyTraders push for deeper discounts on Venezuelan oil as shipping costs soar, sources say

Global oil traders Vitol and Trafigura are seeking steeper discounts on Venezuelan crude as higher freight rates squeeze their margins, five sources familiar with the matter said.

Venezuelan oilshipping costscrude trading

RReuters★★★☆☆2026-09-22 13:15Original

Traders push for deeper discounts on Venezuelan oil as shipping costs soar, sources say
Traders push for deeper discounts on Venezuelan oil as shipping costs soar, sources sayEconomy