Chevron sells first Venezuelan crude cargo to Reliance since December 2023

U.S. ​oil major ‌Chevron
has sold ​its ⁠first cargo of Venezuelan crude ‌oil to
India’s Reliance ‌Industries ‌since ⁠December ⁠2023,
according to ship tracking data ​and ‌two sources.

Chevron negotiated the Boscan crude ‌cargo to
Reliance ​this month, marking the ⁠first sale of ‌the heavy oil,
which is used in asphalt ‌making, in about ​six years, according
to ⁠the data and ⁠sources.

Published on February 25, 2026

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