Even With Sanctions, US Imports 5 Times More Oil From Venezuela In 2019 | WHAT REALLY HAPPENED

Even With Sanctions, US Imports 5 Times More Oil From Venezuela In 2019

Venezuelan oil purchases by US energy companies saw a five-fold increase on a weekly basis from mid-February, almost reaching the level of pre-sanctions, according to the latest data released by the International Energy Agency (IEA).

According to the Paris-based agency, imports of crude oil from Venezuela to the US totaled 558,000 barrels per day during the week up to February 15, compared to 117,000 barrels per day the previous week.

Starting January 25, a few days before US sanctions went into effect, US companies imported 587,000 barrels a day.

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