Venezuela’s oil exports ticked higher in April after falling in March to their lowest average in seven months, helped by new trading partners that were re-selling cargoes in Asia, according to documents from state-run PDVSA and vessel tracking data. Venezuela shipped 31 cargoes of crude and refined products last month carrying an average of 848,500 barrels per day (bpd), a small increase from the 814,000 bpd the previous month, the data showed. This year, the United States sanctioned two units of longtime PDVSA business partner Rosneft ( ROSN.MM ) over allegations of hiding the country of origin for Venezuelan crude shipments. U.S. President Donald Trump’s administration set a May 20 deadline for the Russian energy giant to wind down purchases of Venezuelan oil and for ultimate customers to buy from Rosneft. Those measures hit Venezuela’s oil exports in March. Rosneft, which had been re-selling up to two-thirds […]