US Refiners Can Still Absorb More Venezuelan Oil

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US Refiners Can Still Absorb More Venezuelan Oil

AI Summary

US Energy Secretary Chris Wright stated that US refiners have capacity to process more Venezuelan crude oil as production in Venezuela recovers. This suggests potential impacts on energy markets and international oil trade.

By Marianna Parraga HOUSTON, June 12 (Reuters) – U.S. refiners can still absorb more Venezuelan crude, Energy Secretary Chris Wright said on Friday, as the South American country’s output bounces following the...

Politics Markets Commodities Energy US refiners Venezuelan crude oil production energy markets oil trade

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