Venezuela’s crude exports to the United States recovered in October from the previous month but were still the third lowest in 2017, according to Thomson Reuters trade flows data. The South American country sent 541,130 barrels per day (bpd) to customers in the United States in October, 11 percent more than September, as a result of greater volumes of diluted crude and upgraded oil from the country’s Orinoco Belt region. But the October number was 10 percent lower than the 601,065 bpd exported in the same month of 2016, according to the data. Venezuela’s overall crude output declined in October to its lowest since 1989, according to numbers reported by the country to OPEC. Sanctions […]