Why access to Venezuela’s ‘heavy’ oil is ‘tremendous’ news for US refiners The type of oil held by Venezuela makes it particularly lucrative for US refineries, analysts say.Share this: How does the current global oil crisis compare with the 1973 oil embargo?DateMarch 24, 2026In relation toAl-JazeeraMexico’s oil industry faces new pressures from Venezuela oil under USDateJanuary 29, 2026In relation toAl-JazeeraBig and small oil companies summoned to meet Trump on Venezuelan oilDateJanuary 9, 2026In relation toAl-Jazeera