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Chevron Puts Venezuelan Oil In Storage On More Loadings

OIL

Chevron this month put 600,000 barrels of crude oil in storage tanks in the Bahamas, a sign that it is lifting more supply than it can process at its refineries after the US eased sanctions, according to shipping reports and US Customs data compiled by Bloomberg.

  • Chevron raised April crude loadings to 163kbpd this month, up by 42% on the month.

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