Venezuela’s Oil Major Sees Oil At $35 Through 2024
Oct 23, 2024· Venezuela’s state oil company has made a pessimistic estimate for next year’s oil prices, expecting to make just $35 per barrel for the crude it exports Type your search and press Enter
Jan 18, 2024· Representatives of fuel suppliers to Venezuela, importers of Venezuelan oil and advocacy groups said this month they plan to press the incoming administration of
Oil companies, aid groups plan to press Biden to allow
By Luc Cohen (Reuters) Representatives of fuel suppliers to Venezuela, importers of Venezuelan oil and advocacy groups said this month they plan to press the incoming administration of U.S
A price war between world oil producers has slashed Venezuela's revenue for its top export and exacerbated the country's financial crisis as it also faces the coronavirus pandemic, U.S. sanctions
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Jan 19, 2024· Oil companies, aid groups plan to press Biden to allow Venezuela fuel swaps Oil pumpjacks are seen in Lagunillas, Venezuela, on May 24, 2024. (Photo: REUTERS/Isaac Urrutia)
Understanding the Impact of Oil Prices Over Venezuela
Oil is the largest source of foreign revenues for the country and our economic fortunes are irremediably linked to oil prices. Just this year, the price for Venezuela’s main crude oil, Merey, fell from about $56 in January to around $16 in March.
In 2024, the coronavirus pandemic resulted in crude oil prices hitting a major slump. On February 8, 2024, the OPEC basket stood at 59.58 U.S. dollars per
Oil Prices Make Comeback Rigzone
Mar 19, 2024· Oil Prices Make Comeback the recent price weakness is likely temporary as signs remain that demand is set to recover and supplies will tighten. futures are still up
in March, prices for stage 1 intermediate demand increased 11.2 percent, the largest 12-month advance since an 11.2-percent rise in August 2011. _____ The Producer Price Index for April 2024 is scheduled to be released on Thursday, May 13, 2024 at 8:30 a.m. (ET).