Dense, sticky and heavy: why Venezuelan crude oil appeals to US refineries
South American nation’s tar-like oil is what many Gulf coast facilities were built for but ramping up production to 3m barrels a day will be a long gameClustered along the US Gulf coast are some of the largest and most complex heavy-oil refineries in the world. These sprawling industrial hubs, owned by major US oil companies, stand ready to emerge as some of the major victors of Donald Trump’s swoop on Venezuela.In …
AI brief
Pulse reads the full article- What happened
- Why it matters
- What to watch
Sign in to get the AI brief. Pulse explains what happened, why it matters, what to watch and who's exposed. Free for members.
Sign in to read the brief