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Market Chatter: Chevron Looks to Middle East, Mexico to Replace Venezuelan Crude
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Market Chatter: Chevron Looks to Middle East, Mexico to Replace Venezuelan Crude
Mar 12, 2025 8:22 AM

10:49 AM EDT, 03/12/2025 (MT Newswires) -- Chevron ( CVX ) is looking at Mexico, Brazil and the Middle East to replace Venezuelan oil at its refineries after the Trump administration ordered the company to shut operations in Venezuela, Bloomberg reported Wednesday, citing an interview with Andy Walz, Chevron's ( CVX ) president for downstream, midstream and chemicals.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 152.94, Change: -1.14, Percent Change: -0.74

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