Tag Archives: Venezuela

The cryptocurrency was launched in February this year despite opposition from parliament.

Venezuela. like most oil producing countries. has for decades subsidized fuel as a benefit to consumers.

China'.s LNG import volume is soaring as it moves to fulfill growing domestic demand for gas.

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.