News

Venezuela exported some 844,000 barrels per day (bpd) of crude and fuel in June, an 8% increase from the previous month as ...
Venezuela's history is one of dramatic contrasts,emerging as a wealthy nation rich in natural resources, particularly oil, ...
Bitcoin consolidates above $118,000 as Elon Musk's SpaceX company transfers over $150 million in BTC, ending three years of dormancy. Ethereum claws back gains and retreats toward $3,600 support, ...
Statistical Review highlights the US's continued leadership in oil production and consumption, global demand reaching new ...
Iran recorded the highest increase in crude oil production among all countries in 2024, boosting its daily output by 374,000 ...
Spain, which had been increasing its imports of crude oil from Venezuela earlier this year, completely stopped buying Venezuelan oil in April. This happened just before a key deadline set by the U ...
The collapse in the oil price has dramatically increased the chances of a Venezuelan sovereign default in 2016. The financial position of the oil exporter has been precarious for years, say analysts, ...
Venezuela's heavily subsidized domestic gasoline prices should rise to international levels to avoid billions of dollars in annual losses due to fuel smuggling, President Nicolas Maduro said in a ...
Iran war oil price hike may not be the windfall that some expect for Venezuela, Mexico, Colombia, and other Latin American oil producers.