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Crude Oil February 25, 2026 12:20:47 AM

Chevron sells Venezuelan oil to India's Reliance for the first time since 2023

Carolina
Curiel
OilMonster Author
U.S. oil major Chevron has sold its first cargo of Venezuelan crude oil to India's Reliance Industries since December 2023.
Chevron sells Venezuelan oil to India's Reliance for the first time since 2023

SEATTLE (Oil Monster): U.S. oil major Chevron has sold its first cargo of Venezuelan crude oil to India's Reliance Industries since December 2023, according to ship tracking data and two sources.

Chevron negotiated the Boscan crude cargo to Reliance this month, marking the first sale of the heavy oil, which is used in asphalt making, in about six years, according to the data and sources.

 Courtesy: www.reuters.com


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