Venezuelan Crude Is Losing Its Appeal in China
Chinese state-owned giant PetroChina, which hasn’t bought Venezuelan crude since the U.S. imposed sanctions on Venezuela in 2019,…
The Real Reason Washington Wants Venezuela’s Oil
The timeline of the US–Venezuela conflict highlights a long-term strategy centered on securing heavy crude supplies for US…
Global Traders Launch Legal Venezuelan Oil Sales to China
Vitol, the world’s biggest independent oil trading group, is offering Venezuelan crude to Chinese refiners at a discount…