Tanker Seizure Forces Chevron to Slash Prices on Venezuelan Crude

Market Intelligence Analysis

AI-Powered
Why This Matters

Chevron has reduced the price of Venezuelan crude sold to US refiners following the seizure of a tanker by American forces, adding volatility to Gulf Coast markets.

Market Impact

Market impact analysis based on bearish sentiment with 78% confidence.

Sentiment
Bearish
AI Confidence
78%

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Chevron has quietly cut the price of Venezuelan crude sold to U.S. refiners after American forces seized a tanker off the country’s coast, tightening an already-fragile export channel and adding fresh volatility to Gulf Coast markets. Traders familiar with the matter told Bloomberg that Chevron sold a batch of Venezuelan crude on December 11 at weaker levels than a similar offer just two days earlier. The timing was impossible to miss: the discount came immediately after U.S. forces boarded and seized the Skipper, a sanctioned crude carrier…

Continue Reading
Full article on OilPrice.com
Read Full Article
Original article published by OilPrice.com on December 16, 2025.
Analysis and insights provided by AnalystMarkets AI.