Chevron To Ship First Venezuelan Oil To The U.S. By Year-End

Chevron is getting ready to ship the first oil cargo from Venezuela to the United States by late December after the U.S. Administration issued this weekend a six-month license allowing the U.S. supermajor to extract and export oil from the South American country, Bloomberg reports, citing a source with knowledge of the matter.   This weekend, the U.S. Treasury issued a license authorizing Chevron to resume limited natural resource extraction operations in Venezuela while preventing Venezuela’s state oil firm PDVSA from receiving…