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VITOL AND TRAFIGURA VENEZUELA
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...- Commodity traders now cozy up to TrumpDonald Trump's administration is actively engaging in commodity dealmaking, a significant shift for historically apolitical traders. Proxim...
- 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....
- US to allow resale of Venezuelan oil to Cuba, Treasury saysThe U.S. Treasury Department will authorize companies to resell Venezuelan oil to Cuba, aiming to alleviate the island's severe fuel shorta...
- 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 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...
- 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...
- 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...
- 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...
- Trump pitches Venezuela oil revival to majors, firms stay waryUS President Donald Trump met with top oil executives to discuss investing in Venezuela's oil sector. Trump suggested the country is now se...
- 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...
- Trump shows off Happy Trump Pin at White House during Venezuela and Greenland talksPresident Trump wore a new Happy Trump pin at a White House meeting with oil executives. The pin, showing a cartoon Trump, became popular o...
- 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...
- Oil rises as concerns about supply disruptions in Venezuela, Iran increaseOil prices are climbing for a second day. This surge is driven by uncertainty over Venezuela's oil supply and growing concerns about output...
- Oil traders made billions in 2019 as conflict shook the marketConsensus is that the industry benefited from a lucky mix of factors in the oil market.
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