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Trafigura and Vitol ramp up Venezuelan oil sales to Asia as Iran conflict disrupts supply

Trafigura and Vitol are boosting Venezuelan crude oil exports to Asian refiners as the Iran conflict disrupts Middle Eastern supply chains.

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cryptobriefing.com

energyintel.com

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cryptobriefing.comStai leggendo1 mese fa

Trafigura and Vitol ramp up Venezuelan oil sales to Asia as Iran conflict disrupts supply

Trafigura and Vitol began selling $500M of Venezuelan crude to Asia under OFAC licenses, redirecting supplies disrupted by Iran conflict. Narrowing discounts signal supply reliability recovery, with implications for energy costs and geopolitical risk in global markets.

originale

energyintel.com1 mese fa

Venezuela Reemerges as Key Global Crude Supplier

Venezuela reactivates crude production post-Maduro with Chevron targeting 50% growth to 240k bpd by end-2027. Energy supply stabilization reduces infrastructure costs and strengthens supply-chain resilience for global data-center operations.

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Timeline cronologica

giovedì 11 giugno 2026·cryptobriefing.com
Trafigura and Vitol ramp up Venezuelan oil sales to Asia as Iran conflict disrupts supply
Trafigura and Vitol are boosting Venezuelan crude oil exports to Asian refiners as the Iran conflict disrupts Middle Eastern supply chains.
giovedì 11 giugno 2026·energyintel.com
Venezuela Reemerges as Key Global Crude Supplier
Refiners in the US and India have benefited, although their appetites for Venezuelan crude may be limited, as upstream players slowly increase activity.