Tag Archives: Venezuela

Maduro plans to create four economic zones for working with Petro.

Venezuelan crudes are mainly used for asphalt production in China. the demand for which peaks over September-November.

Oil is the financial lifeline for the embattled socialist government of President Nicolas Maduro.

Falling production from Venezuela has contributed to a rally in global oil price Brent to nearly $80 a barrel.

Maduro called for an ".economic counteroffensive". against the U.S.-led economic war that has seriously harmed the economy.

OPEC oil output fell to a 13-month low in May.

India has asked Saudi Arabia for assurances that oil prices will remain stable and moderate.

Nicolás Maduro must address discontent and economic hardship in Venezuela.

Increasing authoritarian rule and mismanagement of the all-important state-run oil industry have caused a deepening economic crisis.

Venezuela'.s Nicolas Maduro won the presidential election for another six-year term.