Chevron sells Venezuelan oil to Reliance for first time since 2023
Chevron negotiated the Boscan crude cargo to Reliance this month, marking the first sale of the heavy oil, which is used in asphalt making, in about six years
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Reliance oil refinery
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US oil major Chevron has sold its first cargo of Venezuelan crude oil to India's Reliance Industries since December 2023, according to ship tracking data and two sources.
Chevron negotiated the Boscan crude cargo to Reliance this month, marking the first sale of the heavy oil, which is used in asphalt making, in about six years, according to the data and sources.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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First Published: Feb 25 2026 | 6:57 AM IST