US Eyes Reliance to Refine Venezuelan Oil
The US is looking to persuade India’s Reliance Industries Ltd. to refine more Venezuelan crude as Washington seeks to bring additional supplies to a market rattled by the Iran conflict.
Original · Bloomberg AI summary of public reporting
Why: More Venezuelan crude supply → bearish for oil
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At publication → CurrentCL97.62 → 97.63+0.0%
BRENTOIL104.81 → 104.87+0.1%