The US may have dealt Venezuela another blow by sanctioning Rosneft subsidiary Rosneft Trading last week, but as the company dealing the most oil from Venezuela is hamstrung, another Rosneft subsidiary has stepped up to the plate to fill the gaps, Bloomberg said on Monday. Now, TNK Trading International SA—a company controlled by oil giant Rosneft—seems to be upping its loadings of Venezuelan crude oil, scheduled to load more than 14 million barrels of it in January and February this year. By comparison, 2019 saw TNK Trading load 5 million barrels total for the year. Rosneft Trading hasn’t loaded any Venezuelan oil since January 29, although it wasn’t sanctioned until February 18. The timing of Rosneft Trading’s apparent drop off in Venezuelan loadings, uptick in TNK Trading’s Venezuelan loadings, and the latest sanctions have unclear meanings—but the US was mulling these sanctions on Rosneft back in September. Last week […]