Oil and gas
China has bought some Venezuelan oil from the US, Chris Wright says
In Asia, several Indian refiners have bought Venezuela’s flagship Merey crude following the US action
ExxonMobil, Chevron clock best month since 2022 as crude surges
The robust moves come alongside an upswing in oil prices and a broader rally
Canada, India pledge to grow oil, petroleum trade in energy reset
The expansion of the Trans Mountain pipeline has opened a direct path for crude shipments to the Asian giant
Chevron amasses largest fleet in almost a year to ship Venezuelan oil
The US has also enlisted traders Trafigura Group and Vitol Group to help sell as much as 50 million barrels of oil
Vitol and Trafigura – traders at the heart of Trump’s Venezuela oil grab
The companies’ special licences to ship still-sanctioned barrels have given them a head start in a potentially lucrative trade
Oil tanker rates spike as US push into Venezuela redraws flows
The global oil industry is working through the consequences of Washington’s move earlier this month
Trump says he’s inclined to exclude ExxonMobil from Venezuela
Chevron is the only Western oil major to have continued operating in the country while Maduro was in charge
ExxonMobil calls Venezuela ‘uninvestable’ as Trump pushes oil plan
Low prices are viewed warily within the oil industry, which the US president is counting on to keep pumping crude
Trafigura readies first Venezuelan oil ship as part of mega sale
Traders have been notifying US refiners to gauge interest for the oil, with sales expected to kick off on Monday
Oil falls after Trump says Venezuela will supply to US
[LONDON] Oil prices fell on Wednesday (Jan 7) after President Donald Trump said the United States had reached a deal to import up to US$2 billion worth of Venezuelan crude, a move that is expected to ...