U.S. President Donald Trump recognized Guaido as president of the country.
Read More »Venezuelan Crisis Has Zero Impact on Oil Market
Russia and Saudi Arabia have been steadily developing economic cooperation over recent years.
Read More »Zarif Expresses Iran`s Support for Venezuela amid US Plots
The two officials conferred on ways to counter US plots against independent nations. particularly. Venezuela.
Read More »Trump Administration Weighs Oil Embargo on Venezuela to Expel Maduro
Some energy industry officials are pressuring the Trump administration to hold off.
Read More »Political Turmoil in Venezuelan Threatens Crude Supply
Venezuelan production will decline by an additional 300.000-500.000 barrels per day (bpd) this year.
Read More »Venezuela Bonds Steady after U.S. Backing for Maduro Rival Triggers Surge
The PDVSA 2026 bond slipped 0.845 cents to 24.53 cents in the dollar after soaring more than 5 cents on Wednesday.
Read More »U.S. Weighs Oil Sanctions on Venezuela as It Steps Up Pressure
Venezuelan crude exports to the United States last year fell 15 percent to the lowest annual average in nearly three decades.
Read More »U.S. Considers New oil Sanctions on Venezuela
U.S. officials are considering a range of potential measures. including restricting U.S. imports of Venezuelan oil or even a full ban.
Read More »BP Approves Development of Oil Field in Gulf of Mexico
BP and Shell hold equal stakes in the Manuel discovery.
Read More »Venezuela to Promote Fair Oil Prices in OPEC by 2019
Venezuela continues its call to promote in OPEC fair prices in 2019.
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