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Chevron Resumes Venezuela Oil Exports Amid Shifting U.S. Sanctions
ZACKS· 2025-08-19 14:21
Key Takeaways Chevron resumes Venezuelan crude exports to the U.S. under a newly restored license.Shipments aim to ease U.S. heavy crude shortages as Mexico and Canada limit supplies.Flows remain modest, but refiners like Valero, PBF and Phillips 66 show strong interest.Chevron Corporation (CVX) has dispatched Venezuela’s two oil shipments to the United States after Washington restored its license to operate in the sanctioned nation. The Mediterranean Voyager and Canopus Voyager left Venezuela’s waters carr ...