U.S. Oil Imports From Venezuela Just Exploded to a 9-Year High - Chevron Could Be the Biggest Winner

Venezuelan crude is flooding back into American refineries at levels not seen in nearly a decade, and one oil major has quietly positioned itself to capture more of that surge than any other company on the market.

⧉ Quick Read CVX plans to invest $7 billion in Venezuela over five years, targeting production above 600,000 barrels per day at costs below $20 per barrel. U.S. Venezuelan crude imports surged 237% over six months to 782,000 barrels per day, the highest weekly level since 2017. President Trump plans to use Venezuelan oil to refill the Strategic Petroleum Reserve, adding government demand to Chevron's growing upstream position. The professional research desk has always been the part of Wall Street that retail investors could not buy. AlphaSpace by Yahoo Finance opens one for $39.95 a month , and the first seven days cost nothing. 1 (Sponsor)