Tag:

Vitol

Venezuela eyes oil output boost after U.S. sanctions ease

Venezuela is shifting its focus from being recognized solely for its vast oil reserves to becoming a leading oil producer, according to Calixto Ortega, the country's top economic adviser. Speaking at the World Government Summit in Dubai, Ortega emphasized the nation's ambition to increase oil production levels significantly.

04 Feb 2026-14:35
Vitol and Trafigura in talks on Venezuelan oil with US

Commodity traders Vitol and Trafigura are in discussions with the U.S. administration about marketing Venezuelan oil, four people familiar with the matter said, as Washington pushes to open up crude exports following recent political developments.

08 Jan 2026-16:29
World’s leading oil trader to stop trading Russian oil

13 Apr 2022-16:57