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Fifth and Sixth Venezuelan Crude Cargoes Set for US

OIL

Two further Chevron chartered crude cargoes are set to deliver Venezuelan heavy crude to the US in the coming days.

  • They mark the fifth and sixth Venezuelan crude cargoes to the US since the US Treasury Department authorized their arrival in November.
  • Chevron's supply contract is among a few that have not been suspended since a new administration at PDVSA this month ordered a freeze to most contracts until a general audit is done.

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