Tag Archives: Venezuela

In July. Venezuela’s oil production came in lower than PDVSA had targeted. according to Argus Media.

The Crystallex case has been closely watched by investors holding billions of dollars in Venezuelan bonds.

The word out of Washington is that the United States is no longer looking at sanctioning Venezuela’s oil industry.

Oil prices have recovered and the country’s economic collapse has left it unable to capitalize.

Saudi Arabia is sending the most crude oil to the U.S. in 15 months.

Maduro promised earlier this week to roll out a new plan to ease the economic crisis.

Venezuela’s production collapsed due to a lack of investment and Iranian exports have suffered due to US sanctions.

Maduro says this is a way of boosting country'.s international reserves.

Anticorruption probes advanced by the Public Ministry caused that 90 executives of Pdvsa were arrested over the last 11 months.

Venezuela’s crude oil production dropped in June by 47.500 bpd from May. to average 1.340 million bpd last month.