Exclusive: Citgo buys first Venezuelan oil cargo since ending ties with Venezuelan parent in 2019, sources say

Core Insights - Citgo Petroleum has purchased Venezuelan crude oil for the first time since cutting ties with its parent company, Petroleos de Venezuela SA, in early 2019 [1] Group 1 - The acquisition marks a significant shift in Citgo's operations, indicating a potential re-establishment of trade relations with Venezuelan oil [1] - This move could signal a change in the U.S. oil market dynamics, particularly regarding Venezuelan crude [1] - The purchase reflects Citgo's strategy to diversify its crude supply sources amid fluctuating market conditions [1]