Chevron sells Venezuelan oil to India’s Reliance for the first time since 2023, ship data and sources say

Chevron sells Venezuelan oil to India’s Reliance for the first time since 2023, ship data and sources say

Reuters

FILE PHOTO: The Chevron price is pictured in Caracas, Venezuela, December 2, 2022. REUTERS/Gaby Oraa/File Record · Reuters

Reuters

Listed here:

HOUSTON, Feb 24 (Reuters) – U.S. oil ‌main Chevron has equipped ‌its first cargo ​of Venezuelan coarse oil to India’s Reliance Industries since ‌December ⁠2023, in step with ship tracking ⁠recordsdata and two sources.

Chevron negotiated ​the ​Boscan ​coarse cargo ‌to Reliance this month, marking the first sale of the heavy oil, ‌which is ​faded ​in ​asphalt making, ‌in about six years, ​in accordance ​to the info and sources.

(Reporting ​by ‌Arathy Somasekhar and ​Marianna Parraga ​in Houston)

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