News
29 January 2026

Citgo 'buys first Venezuelan oil since 2019 from Trafigura'

In:
Oil & gas
Region:
Americas

Citgo Petroleum has purchased Venezuelan crude oil for the first time since 2019, acquiring approximately 500,000 barrels of heavy crude from Trafigura for February delivery, sources said.The transaction follows a flagship $2 billion deal between Washington and Caracas, reached shortly after the...

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