economy
March 4, 2026
Venezuelan State Company Signs Agreements with the USA
The Venezuelan oil company PDVSA announced that it has signed agreements for the supply of oil and oil derivatives with trading companies that market these products to the United States market.
TL;DR
- PDVSA has signed oil and oil derivative supply agreements with trading companies for the U.S. market.
- This marks the resumption of long-term trade cooperation between Venezuela and the U.S.
- PDVSA aims to reinforce Venezuela's commitment to international energy market stability and global energy security.
- Specific partners, quantities, and delivery timelines were not disclosed.
- Caracas highlighted that sanctions are a key barrier to the oil and gas sector's development.
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