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Stock impact report

Venezuela Oil Czar Courts India After $20 Billion Hit From U.S. [Bloomberg Business News]

LyondellBasell Industries NV Ordinary Shares Class A (Netherlands) (LYB) 
Last lyondellbasell industries nv ordinary shares class a (netherlands) earnings: 5/1 06:30 am Check Earnings Report
US:NYSE Investor Relations: lyondellbasell.com/en/investors
Manuel Quevedo Photographer: Akos Stiller/Bloomberg Photographer: Akos Stiller/Bloomberg Venezuela’s oil minister made a surprise appearance at an energy event in India, as the embattled OPEC producer seeks closer ties with major crude customers in the face of crippling U.S. sanctions. Manuel Quevedo said on Monday his nation wants to sell more crude to India, and that U.S. measures have resulted in a $20 billion loss to the Latin American country’s economy. He’s also the head of state producer Petroleos de Venezuela SA -- a post the career military man was appointed to in late 2017 as President Nicolas Maduro began to purge large swathes of the firm’s managerial ranks. His arrival in India coincides with swirling speculation over the future of the Venezuelan oil industry, following a ban on its crude by the Donald Trump administration. PDVSA is seeking to retain buyers in other big consuming-countries such as China and India after Ame Show less Read more
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