Spain’s Repsol to Seek US License to Export Venezuelan Oil

The Spanish oil company Repsol SA will seek a license to re-start exports of Venezuelan crude, a person with knowledge of the matter said.

The firm will make the request to US officials in the coming days, according to the person, who asked not to be identified because the matter isn’t public. Repsol stopped exporting Venezuelan oil following the US embargo last year.

US officials are meeting oil industry executives about Venezuela on Friday, with Repsol set to be part of the meeting. The Spanish company was one of a handful of non-US firms that secured licenses to export oil ...