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Venezuelan Crude Departs For Europe

By Marianna Parraga HOUSTON, Feb 25 (Reuters) – A 655,000-barrel cargo of Venezuelan heavy crude chartered by a unit of Italy’s Eni SpA ENI.MI departed on Friday from a port operated by state-run PDVSA,shipping data showed, marking Venezuela’s first export to Europe after a three-month pause. Eni and Spain’s Repsol SA REP.MC last year received U.S. authorizations to take Venezuelan oil to Europe as compensation for outstanding debt in an easing of American ...
United States Francesca Landini Repsol Cartagena Minerva Alexandra Marianna Parraga Pedro Tellechea

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Refinitiv Commences Publication Of New Versions Of USD IBOR Cash Fallbacks - Refinitiv USD IBOR Cash Fallbacks Now Support New Federal Reserve Board And Alternative Reference Rates Committee (ARRC) Selected Benchmark Replacements Based On 30-Day Average SOFR To Help Clients Prepare For USD LIBOR Cessation On June 30, 2023

<p><span>Effective today, and following the </span><a href="https://www.refinitiv.com/en/media-center/press-releases/2023/refinitiv-plans-to-supplement-existing-fallback-rates-with-new-federal-reserve-benchmark">January 30 announcement</a><span>, Refinitiv has commenced publication of new USD IBOR Cash Fallbacks that are consistent with the Federal Reserve Board and ARRC benchmark replacements for FHFA-regulated-entity contracts (ex...
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