Venezuela loads crude only for Chevron as China shipments remain halted

On Tuesday, several vessels chartered by Chevron were the only ones loading crude for export at Venezuela's Jose and Bajo Grande ports, ship monitoring data showed.

Other ships were loading either to move oil between domestic ports or to store crude because onshore storage was almost completely full.

The last crude cargo that was loaded for an Asian customer at Jose finished loading on January 1, according to the data and documents. Without more exports, PDVSA could be forced to deepen production cuts it began in recent days because storage tanks are full.