Tag Archives: Central Bank

Venezuela'.s economy has been reeling under pressure of the US sanctions. falling oil revenue and the plunging value of its currency. the bolivar.

Oil companies have complained that the continued production cuts interfered with their growth plans.

Kirkuk crude sales have been halted since Iraqi forces took back control of the fields in October.

Libya agreed its oil production would not exceed 1 mln bpd. and Libya said it would bring its output in line with the target next year.

World’s Largest Fund to Dump Oil Investments. Invest Away From Oil.

Lebanon. Egypt. Pakistan and Bahrain — haven’t recorded a default event since their independence.

Economics says the reason for the GDP growth deceleration was a slowdown in the growth of the industrial production sector.

The Energy Ministry has currently managed to guarantee sustainable electricity supply to domestic consumers.

Output is falling. cash is drying up and oil workers have fled the country because of food shortages and violence.

Iran exports almost half of its annual petrochemical output to China.