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U.S. ban on key oil material could choke Venezuelan production and operations at Curaçao refinery

HOUSTON – The outlook for declining oil production in Venezuela may get grimmer if the U.S. bans supply of a key commodity used to help Venezuelan crude flow from oilfields to the coast. Production in the Orinoco oil belt, which accounts for half of the country’s output, depends on heavy naphtha imported from the U.S. […]