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Trump rescinds US oil tycoon's license to buy Venezuelan asphalt [Yahoo! Finance]
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Most Read from Bloomberg Gold-Rush Fever Returns to Historic New Zealand Mining Town Why Did the Government Declare War on My Adorable Tiny Truck? How SUVs Are Making Traffic Worse Trump Slashed International Aid. Geneva Is Feeling the Impact. These US Bridges Face High Risk of Catastrophic Ship Strikes Texas-based Global Oil Terminals, owned by Sargeant, must wind down operations in Venezuela by May 27, the person said Saturday. The company has until April 2 to pay any remaining debt owed to state oil company Petroleos de Venezuela. The Wall Street Journal reported late Friday that Sargeant's oil-trading company was ordered to leave Venezuela, citing a letter from the US Treasury Department. The Trump administration recently gave Chevron a May 27 deadline to wrap up its operations with Venezuela as a way to pressure President Nicolas Maduro's autocratic regime to make democratic reforms and accept more migrants from the US. Sargeant had initially obtained a two-yea
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- Jim Cramer on Chevron: “I Would Stick With It” [Yahoo! Finance][Yahoo! Finance]
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- Market Chatter: Chevron Set to Export 1 Million Barrels of Oil From Venezuela [Yahoo! Finance][Yahoo! Finance]
- U.S. Futures, Global Markets Rise as Commodities Spurred by Trump's Venezuela Blockade [Yahoo! Finance][Yahoo! Finance]
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