🚢🛢️🇻🇪 Chevron Returns Last Venezuelan Oil Cargo as U.S. Sanctions Deadline Looms 🔹 Summary: Chevron's final vessel carrying Venezuelan oil began discharging at Amuay terminal after PDVSA ordered crude returns due to payment issues linked to U.S. sanctions. Venezuela's oil exports hit a nine-month low in April as Chevron and other firms wind down operations under a U.S.-imposed deadline ending May 27. 🔹 Key Points: • The Dubai Attraction vessel is offloading 300,000 barrels of oil originally intended for export, per shipping data. • U.S. sanctions led to Chevron halting payments, prompting PDVSA to cancel and recall cargoes. • Chevron’s Venezuelan crude exports to the U.S. dropped 69% in April to 66,000 bpd. • Other PDVSA partners, including Eni, Repsol, and Reliance, are also winding down Venezuelan operations by late May. • Despite sanctions, Vitol-chartered tankers continue operations in Venezuela without disruption. @CMEActiveTrader Tickers Of Interest: $CL $BZ $RB Tickers Of Interest: $CVX $REP $VLO $XOM $USD