Venezuelan crude oil (Boscan crude)
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Chevron sells Venezuelan oil to India's Reliance for the first time since 2023, ship data and sources say
Reuters· 2026-02-24 19:37
Group 1 - Chevron has sold its first cargo of Venezuelan crude oil to India's Reliance Industries since December 2023, marking a significant development in their trading relationship [1] - The cargo sold is Boscan crude, which is primarily used in asphalt production, and this transaction represents the first sale of this heavy oil in approximately six years [1]