Venezuela's oil exports top 800,000 bpd for a second month, drains surplus -data
MEXICO CITY/PUNTO FIJO, Venezuela, Nov 4 (Reuters) - V enezuela's oil exports eased in October, but surpassed 800,000 barrels per day (bpd) for second month in a row, helping to drain an inventory buildup that had forced the OPEC country to cut output, according to documents and data. Since the United States imposed sanctions on Venezuelan state-run oil firm PDVSA in January to oust socialist President Nicolas Maduro, the OPEC-member country has struggled to find customers and tankers for its oil. New rounds of sanctions in August and September on Venezuela and maritime firms carrying the nation's oil pushed its crude stocks to record levels, requiring PDVSA to reduce output and halt blending operations.
