Free Trial

Chevron to Pull in Over 100kbd of Venezuelan Crude to US in Feb

OIL

Chevron is on track to ship more than 100,000 bpd of Venezuelan crude to the United States this month under its recently awarded US Treasury License.

  • Chevron exported around 75,000 bpd of Venezuelan crude mainly to its Pascagoula, Mississippi, refinery last month.
  • Total monthly exports for February are set to average 106,500 bpd based on loading schedules.
  • Chevron resumed Venezuelan operations in December and began shipping in January under terms set by the United States.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.