US-Venezuela oil deal angers China, pushes prices down

US-Venezuela oil deal angers China, pushes prices down

HOUSTON/BEIJING, Jan 7 — Global oil prices fell on Wednesday and China denounced the U.S. as a bully after President Donald Trump’s administration said it had persuaded Venezuela to divert supplies from Beijing and import up to $2 billion worth of embargoed crude.

Source: www.straitstimes.com

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