Oil prices rose after US sanctions against PDVSA



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Oil prices have risen this Tuesday, a day after the sanctions applied by the United States against the Venezuelan national oil company PDVSA weaken Nicolás Maduro's regime.

Brent barrel from the North Sea for delivery in March completed at $ 61.32 at the Intercontinental Exchange (ICE) in London, $ 1.39 more than at the end of Monday.

On the New York Mercantile Exchange (Nymex), a barrel of light sweet crude (WTI) for the same delivery rose $ 1.32 to $ 53.31 at closing.

Washington on Monday announced measures against PDVSA, accused of being a "vehicle of corruption" of the Chavez dictatorship.

According to the US Treasury, these sanctions – which prohibits the oil company from trading with US entities and freezing its badets abroad they aim to avoid "misappropriation of more resources" by Maduro.

"US buyers of Venezuelan crude oil will have to pay through a third party," he said. Olivier Jakob, a Petromatrix badyst, who added that this would result in "stopping crude oil flows in the United States".

Venezuelan oil, very heavy, Used in refineries in the southern United Stateswhere they mix it with lighter crude oil.

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