Forbes | Venezuela On The Brink Of Collapse Buys Oil...To Help Cuba Forbes Venezuela on the brink of collapse buys foreign oil to ship it to its old ally, Cuba. That's according to Reuters report, which reveals that Venezuela's state-owned oil company PDVSA has purchased close to $440 million worth of foreign crude oil and ... Venezuela's Creditors Are Cutting Its Crude-Oil Lifeline US: Enough Global Oil To Avoid Caribbean Fuel Disruptions Exclusive: As Venezuelans suffer, Maduro buys foreign oil to subsidize Cuba |