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VITOL VENEZUELAN CRUDE
Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...- Venezuela's oil exports jump to highest since 2018, with more sales to US, IndiaVenezuela’s oil exports rose 14% to 1.23 million barrels per day in April, the highest in over seven years, driven by increased sales to th...
- Oil sales under US-Venezuela deal expected to reach $2 billion by end of FebruaryU.S. oil supply agreement sales with Venezuela are projected to hit $2 billion by month's end, with 40 million barrels expected to be sold....
- Chevron sells oil to Reliance for first time since 2023 as Venezuela readies larger cargoes for exportUS oil giant Chevron has made its first sale of Venezuelan crude oil to India's Reliance Industries. This marks the first time in about six...
- Venezuela readies larger oil cargoes for exports, targets IndiaVenezuelan oil exports are set to accelerate. The first Very Large Crude Carriers are now chartered for shipments. This development follows...
- Bharat Petroleum, HPCL Mittal buy Venezuelan oil, sources sayIndian refiners Bharat Petroleum and HMEL have bought Venezuelan crude oil. This marks Bharat Petroleum's first purchase and HMEL's first i...
- US refiner Valero to import up to 6.5 million barrels of Venezuelan crude in March, sources sayValero Energy plans to import significant Venezuelan crude oil in March. This move could position Valero as the leading foreign refiner of ...
- Reliance secures US licence to import Venezuelan oil, boosting refining marginsReliance Industries has secured a US general license to import Venezuelan crude oil directly. This allows India's largest private refiner t...
- Reliance wins US licence for Venezuelan oil, sources sayReliance Industries can now buy Venezuelan oil directly. The US has issued a special license. This move aims to boost Venezuela's oil expor...
- India asks refiners to consider buying more US, Venezuelan oil amid trade deal shiftsIndia is seeking to diversify its oil sources. State-owned refiners have been asked to consider buying more crude from the United States an...
- Indian Oil, HPCL buy Venezuelan oil through traderIndian refiners Indian Oil Corporation and Hindustan Petroleum Corporation have secured two million barrels of Venezuelan crude. This marks...
- Reliance Industries buys 2 million barrels of Venezuelan oil, traders sayReliance Industries has made a bold move by purchasing two million barrels of oil from Venezuela, marking their first foray into the Venezu...
- US soon to issue general license for oil production in Venezuela: ReportThe U.S. government is preparing to issue a general license this week, allowing companies to produce oil and gas in Venezuela. This move ai...
- US issues license for oil companies to operate in VenezuelaThe Trump administration has eased sanctions on Venezuela. A new license allows US oil companies to export, sell, store, and refine Venezue...
- HPCL seeks Venezuelan crude to boost heavy oil runsIndia's Hindustan Petroleum Corp Ltd is looking to import Venezuelan crude oil for the first time. This move aims to boost the company's ca...
- Vitol, Trafigura offer Venezuelan oil to Indian, Chinese refiners for March delivery: ReportGlobal commodity traders Vitol and Trafigura are in discussions with Indian and Chinese refiners for Venezuelan crude oil sales, with deliv...
- Dilapidated ports, old tankers complicate US oil companies’ Venezuela plansGlobal oil firms are rushing to secure tankers and establish safe transfer operations for Venezuelan crude exports to the United States. Co...
- Oil gains as market weighs Iran, Russia supply risks; dealmaking for Venezuela in focusOil prices saw a significant jump on Friday. Growing concerns over supply disruptions in Iran due to intensifying protests are impacting th...
- Reliance Industries in talks for US permit to buy Venezuelan oil: ReportReliance Industries is seeking United States approval to resume buying Venezuelan crude oil. This move comes as India faces pressure to red...
- India resumes imports of Venezuelan oil, Reliance seeks direct dealThe resumption in trade between the OPEC producer and what it was its second largest destination for oil exports comes after Washington in ...
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