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The first shipment of Venezuelan crude oil to a US refinery in quite a while is about to set sail, it was reported in Caracas. Oil producer Chevron is to send the oil to its Pascagoula, Mississippi, refinery after obtaining a US license in 2022. ....
RIYADH: Oil prices rose by over 2 percent on Wednesday on signs of tighter supply, a weaker dollar and optimism over a Chinese demand recovery. Brent crude futures LCOc1 rose $2.23, or 2.69 percent to $85.26 per barrel at 02.15 p.m Saudi time. US West Texas Intermediate crude CLc1 futures climbed $1.95, or 2.49 percent, to $80.15. ....