On Thursday, spot premiums for Dubai and Murban crude increased, while Oman declined due to
Trump plans to revoke Chevron’s Venezuela oil license due to unmet electoral reforms, indicating a
Donald Trump has reversed concessions on the oil transaction agreement with Venezuela, citing unmet electoral
Donald Trump has rescinded the oil production concessions granted to Venezuela by Joe Biden, impacting
Secretary of State Marco Rubio has reaffirmed strong U.S. opposition to Venezuelan President Nicolas Maduro,
Crude oil futures rose after the US revoked Chevron’s licence to operate in Venezuela. Brent
Trump has stated he will reverse oil transaction concessions with Venezuela made under Biden’s administration
US Gulf crude prices have spiked following President Trump’s cancellation of Chevron’s license in Venezuela.
Secretary of State Marco Rubio defended the Trump administration’s approach to Venezuelan President Nicolás Maduro,
Oil prices rose slightly as former President Trump canceled Chevron’s Venezuela license, impacting oil exports