Venezuela’s state-owned oil company, which has access to the world’s largest reserves, took delivery of its first U.S. crude since export restrictions were lifted last year. Petroleos de Venezuela SA received a cargo of U.S. benchmark West Texas Intermediate crude at the end of January at a terminal in Curacao, according to two people familiar with the shipment. The cargo was 548,000 barrels of crude, Matthew Smith, director of energy research company ClipperData, said in a telephone interview from New York. PDVSA, as the Caracas-based company is known, uses imported lighter crude to blend with heavier crude that it produces. In 2015, the company imported about 40,000 barrels a day from countries including Russia, Nigeria and Angola, according to data compiled by Bloomberg. PDVSA didn’t immediately return a call for comment. The company operates the Isla refinery in Curacao. While Venezuela maintains frosty diplomatic relations with the U.S. with […]