US refineries taking in half of Venezuela’s oil output, official says

US official says Venezuela is sending more than 500,000 of its 1.25 million barrels per day output to Gulf Coast refineries.

Venezuela is exporting about half of its oil output to the United States, according to a senior US official, seven months after Washington abducted President Nicolas Maduro and installed an interim government in Caracas.

Speaking at an industry ev...