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Oil report Headlines

Valero boosts imports of Venezuelan oil as sanctions loom -data

U.S. refiner Valero Energy Corp this year boosted its imports of Venezuelan crude ahead of U.S. sanctions over the country's disputed presidential election and as other customers received less of the OPEC-member's exports, according to Thomson Reuters trade flows data.

UPDATE 1-U.S. LNG, ethanol sellers buoyed by China trade talks

China's interest in reducing its trade surplus with the United States through increased energy imports could advance plans for U.S. liquefied natural gas (LNG) plants and ethanol sales, said analysts and energy executives involved in developing new LNG facilities.

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