Venezuela’s oil exports doubled in November, data from PDVSA and Refinitiv Eikon showed on Wednesday. Venezuela’s crude oil exports were less than 370,000 barrels per day in October, on average. In September, Venezuela’s oil exports averaged 392,000 bpd. But in November, the sanctioned country’s oil exports picked up substantially, to 69,000 bpd on average, after it found eager new buyers. These new buyers include Xiamen Logistic Grass, Olympia Stly Trading, Zaguhan & Co., Karaznbas, Kalinin Business International and Poseidon GDL Solutions—all who are mysterious and rather convenient nobodies that seemed to take the place of traditional oil company names that are now prohibited from purchasing Venezuela’s oil due to the sanctions. They are all registered in Russia. ENI, Rosneft, and Repsol are just a handful of the companies that have officially had to stop purchases of PDVSA crude. According to Eikon data, these companies commissioned tankers to sail to […]