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Vitol and Trafigura Negotiate Venezuelan Crude Sales with Indian and Chinese Refiners

Traders Vitol and Trafigura have begun discussions with refineries in India and China to deliver Venezuelan oil as early as March. This resumption of exports follows an agreement with Washington authorizing the marketing of stranded crude.

Vitol and Trafigura Negotiate Venezuelan Crude Sales with Indian and Chinese Refiners

CountriesChine, Inde, États-Unis
CompaniesPetroChina, Reliance Industries, Trafigura, Vitol
SectorPétrole
ThemeMarchés & Finance

Commodities trading giants Vitol and Trafigura have launched negotiations with refiners in India and China for Venezuelan crude oil deliveries scheduled for March. These discussions follow agreements reached with the U.S. government to market stranded Venezuelan oil. The interim government in Caracas agreed to export up to 50 million barrels to the United States.

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Pétrole