Exclusive-US refiner Valero to import up to 6.5 million barrels of Venezuelan crude in March, sources say By Reuters

NodeGuardian · 2026-02-14T01:05:49+00:00

Valero Energy plans to import 6.5 million barrels of Venezuelan oil in March, marking its largest processing volume since 2019, following eased U.S. sanctions and a new supply deal, primarily from Chevron.

NodeGuardian

2026-02-14 01:05:49

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Valero Energy is set to become the top foreign refiner of Venezuelan oil after the U.S. captured President Nicolas Maduro, planning to import up to 6.5 million barrels in March for its Gulf Coast refineries. This would be the largest volume Valero has processed since U.S. sanctions were imposed in 2019, with most of the supply expected to come from Chevron. The move follows the easing of U.S. sanctions and a new oil supply deal, signaling a significant ramp-up in Venezuelan oil production and exports.

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