Vitol and Trafigura negotiate Venezuelan oil sales to Indian and Chinese refiners for March delivery

Summary

Vitol and Trafigura are negotiating sales of Venezuelan crude oil to refiners in India and China, with deliveries planned for March. This follows agreements with the U.S. government to market previously stranded Venezuelan oil, aiming to restart exports that have been halted since 2019.

Recent Coverage

• Vitol, Trafigura offer Venezuelan oil to Indian, Chinese refiners for March delivery: Report

  Economic Times - India Time • Jan 12