Russian state oil company Rosneft’s decision to cease operations in Venezuela and sell its assets there to a Russian government-owned company was a “maneuver” made in reaction to collapsing oil prices, a US State Department official said Tuesday. Rosneft is now losing money, its joint ventures can’t sell crude oil for a profit, its trading activities around the world, trying to sell Venezuela oil, are really in trouble,” Elliott Abrams, the US State Department’s special representative for Venezuela, told reporters during a briefing. Abrams said that the US government was still trying to learn more about the sale, such as how the new company would be structured […]