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US announces sanctions on Venezuelan oil

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The US announced on 28 January that it will impose sanctions on the Venezuelan oil sector, raising the stakes in the country's political crisis by curbing the Maduro government's access to cash from crude exports. Venezuela exports roughly 500,000 b/d of crude to the US, although the full volume is not immediately at risk. In this inform, we address: -The outlook for Venezuelan production and the use of diluents -A reshuffling of Venezuelan exports -The impact on US Gulf Coast refiners

Table of contents

  • Outlook for Venezuelan production and the use of diluents
  • A reshuffling of Venezuelan exports
  • Impact on US Gulf Coast refiners

Tables and charts

This report includes 1 images and tables including:

  • Crude oil imports into US Gulf Coast (PADD 3)

What's included

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  • Document

    US announces sanctions on Venezuelan oil

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