Categories: Economy

Factbox-High patrons of Venezuelan crude oil in america


HOUSTON (Reuters) – U.S. imports of crude oil from Venezuela averaged 222,000 barrels per day (bpd) within the first 11 months of 2024, based on U.S. Vitality Info Administration information, making it the fourth largest crude provider to america.

Whereas Venezuela’s oil accounted for less than 3.5% of complete U.S. crude imports in November, it was about 13% of crude oil imported by U.S. Gulf Coast refineries, based on the EIA.

About 90% of all crude from Venezuela final 12 months headed to the U.S. Gulf Coast, and the remaining 10% went to the East Coast, the info confirmed.

Refiner Valero Vitality was the highest purchaser of Venezuelan crude in america within the interval, accounting for 44% of the whole, adopted by oil main Chevron with 22%. PBF Vitality purchased about 14% of the crude.

Firm Quantity (in barrels

per day)

Valero Advertising & Provide 95,189

Chevron USA 47,228

Paulsboro Refining 30,509

Phillips 66 23,596

Repsol Buying and selling USA 10,323

Houston Refining 7,398

Exxon Mobil Oil 2,970

TOTAL 217,213

(Reporting by Arathy Somasekhar in Houston)

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