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Chevron Raises Venezuelan Crude Exports In April

OIL

Chevron has stepped up sales of Venezuelan crude oil to US refiners in April amid increased demand, vessel tracking and loading schedules showed.

  • So far in April, it has loaded about 148kbpd of oil at Venezuelan ports, with cargoes going to at least three other US refiners, besides Chevron's own refinery.
  • PBF Energy Inc and Marathon Petroleum Corp are amongst the list of new customers.
  • In March, Chevron exported around 115kbpd of Venezuelan heavy crude to the US.

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