U.S. oil major Chevron has sold its first cargo of Venezuelan crude oil to India’s Reliance Industries since December 2023. The sale, which involved Boscan crude used in asphalt making, marks the first such transaction in approximately six years. This deal was confirmed by ship tracking data and two independent sources.
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Chevron sells Venezuelan oil to India's Reliance for the first time since 2023, ship data and sources say
U.S. oil major Chevron has sold its first cargo of Venezuelan crude oil to India’s Reliance Industries since December 2023. The sale, which involved Boscan crude used in asphalt making, marks the first such transaction in approximately six years. This deal was confirmed by ship tracking data and two independent sources.