Buying the facts of the Fund from the Venezuelan crude oil in the United States

Houston (Reuters) – Venezuela’s average oil imports reached 222,000 barrels per day (BPD) in the first 11 months of 2024, according to US Energy Information Management data, making it the fourth largest crude supplier for the United States.

While Venezuela oil represented only 3.5 % of the total crude imports in the United States in November, it was about 13 % of crude oil imported by the US Gulf Coast refineries, according to the environmental measurement.

The data showed that about 90 % of all crude from Venezuela last year went to the American Gulf coast, and the remaining 10 % went to the eastern coast.

The Valero Energy Refinery was the best Venezuelan raw buyer in the United States of this period, which represents 44 % of the total, followed by a 22 % pioneer Chevron. PBF Energy bought about 14 % of raw.

Company size (in barrels

daily)

Valero Marketing & Supply 95,189

Chevron, USA 47228

Polsburo Refining 30,509

Philips 66 23,596

Repsol Trading Usa 10,323

Houston Refining 7,398

Exxon Mobil oil 2,970

Total 217,213

(Participate in Arthhy Somasekhar reports in Houston)


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