Louisiana Archives - The Daily Journal

Texas accounts for 43% of Venezuelan oil imports to the U.S.

July 31, 2026July 31, 2026Tatiana Da GamaLeave a Comment

EFE. — Texas has become the leading destination for Venezuelan crude oil entering the U.S. market, receiving 43% of total imports thanks to a refining infrastructure built over decades to process heavy crude grades such as those produced in Venezuela. According to S&P Global Commodity Insights data for June, Texas received 43% of the Venezuelan […]

U.S. refineries boost Venezuelan crude purchases to highest level in nearly a decade

July 23, 2026July 23, 2026Tatiana Da GamaLeave a Comment

The Daily Journal — U.S. refineries are increasing their purchases of Venezuelan crude oil, putting imports on track to reach their highest level in nearly a decade, according to a report by Bloomberg. Refineries along the U.S. Gulf Coast have stepped up acquisitions to secure heavy crude supplies as wildfires in Canada threaten logistics and […]