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Chris Wright says US refiners can absorb more Venezuelan oil as production rebounds

Energy Secretary Chris Wright says Gulf Coast refiners can process more Venezuelan crude as production tops 1.1 million bpd and US-controlled oil sales

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cryptobriefing.comStai leggendo2 mesi fa

Chris Wright says US refiners can absorb more Venezuelan oil as production rebounds

Energy Secretary Chris Wright says Gulf Coast refiners can process more Venezuelan crude as production tops 1.1 million bpd and US-controlled oil sales

originale

energyintel.com2 mesi 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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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.
sabato 13 giugno 2026·cryptobriefing.com
Chris Wright says US refiners can absorb more Venezuelan oil as production rebounds
Energy Secretary Chris Wright says Gulf Coast refiners can process more Venezuelan crude as production tops 1.1 million bpd and US-controlled oil sales