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U.S. Oil Imports From Venezuela Just Exploded to a 9-Year High — Chevron Could Be the Biggest Winner
Source: 247wallst.com
Energy Markets & PricesCommodities & Raw MaterialsTrade Policy & Supply Chain
U.S. imports of Venezuelan crude rose by 183,000 barrels per day to 782,000 bpd in the week ended Sept. 11, according to the EIA. The increase signals a meaningful weekly rise in Venezuelan oil flows to the U.S., though the report provides no direct indication of broader price or supply impacts.
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