Venezuela’s oil market participants are considering the implications of an unprecedented event

HOUSTON – As Venezuela grows closer to exhausting nearly every means of paying its debt, some oil market participants are seriously pondering the possible implications of an unprecedented event: the default of a major crude producing company. State-run firm PDVSA faces around $5.2 billion in payments to bondholders in 2016, much of it in October […]
Source: Dutch Caribbean News Venezuela’s oil market participants are considering the implications of an unprecedented event

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