Venezuela's Jose oil terminal resumes shipments after blackout

Venezuela's main oil export terminal, Jose, has resumed operations and a shipment of crude for export left its docks for the first time since a blackout halted its main activities last week, according to two sources familiar with the matter and Refinitiv Eikon data. The port halted exports, the lifeblood of the OPEC member's
economy, after a massive power outage that began last week. Electricity has been restored to many parts of Venezuela in recent days. "The terminal has re-established operations," said oil workers' union leader Jose Bodas.
He added that upgrading facilities that convert heavy crude from Venezuela's Orinoco oil belt into exportable grades were still recirculating product to keep the systems running, but not producing new product. A blackout last Thursday left most of the country without power, leaving the upgraders operating at minimum levels and affecting the Puerto la Cruz refinery.