Venezuelan Oil Being Held at Sea Swells After US Intervention

The volume of Venezuelan crude floating at sea has spiked to the highest level in more than three years after the US seized the country’s leader, Nicolas Maduro, and asserted...

By Rong Wei Neo · Bloomberg Markets

The volume of Venezuelan crude floating at sea has spiked to the highest level in more than three years after the US seized the country’s leader, Nicolas Maduro, and asserted control over its energy resources.