Posted to Maritime Reporter
on
January 29, 2026
Citgo Petroleum, a U.S. refiner, has purchased Venezuelan crude oil for its first purchase since 2019. This was when Citgo severed its ties with Petroleos de Venezuela (its parent company), two sources said on Wednesday. The 830,000-barrel-per-day refiner…
Posted to Maritime Reporter
on
January 29, 2026
Two sources with knowledge of the matter confirmed on Wednesday that Citgo Petroleum, a U.S. refiner, has bought Venezuelan crude for the first since 2019. That was when it severed its ties with Petroleos de Venezuela - the state-run oil company.
Posted to Maritime Reporter
on
January 25, 2026
A crude tanker chartered Trafigura?departed from Venezuela's Jose Port?to Louisiana Offshore Oil Port?documents and LSEG data showed. This was the first cargo to go directly to the U.S. under a 50 million barrel supply agreement agreed between Caracas this month and Washington.
Posted to Maritime Reporter
on
January 12, 2026
Sources from the trade said that Vitol, Trafigura and refiners in India or China have begun discussions about Venezuelan crude oil sales for cargoes due to arrive in March. On 'Friday, global commodities traders confirmed that they had reached agreements with the U.S.
Posted to Maritime Reporter
on
September 26, 2025
A trading executive who has direct knowledge of this deal confirmed that the Asian trading firm Cathay Petroleum had agreed to an annual marketing deal for Brazilian crude oil throughout the Asia-Pacific region on behalf of independent producer Prio.