Tag: China-Venezuela

  • Is Venezuela selling oil to China instead of to the U.S.?

    The United States is importing less oil from Venezuela, and China is buying more. Is Venezuela putting its resources where Hugo Chávez’s mouth is and using the country’s major export as a geopolitical lever? Or are U.S. imports just catching up with a 10-year decline in Venezuelan production? The U.S. Energy Information Administration released April…