Venezuela: bad news from oil and gold
Venezuela’s oil exports reportedly fell by 17 percent in May as the winding down period following the US-imposed embargo came to an end. According to Reuters, quoting documents from state oil […]
Venezuela’s oil exports reportedly fell by 17 percent in May as the winding down period following the US-imposed embargo came to an end. According to Reuters, quoting documents from state oil […]
Cryptocurrency adoption in Venezuela has been affected by the recent political unrest following mass protests organized by Juan Guaido, president of the opposition-run National Assembly, calling for the military to […]
The deepening chaos in Venezuela could have profound consequences for the global oil markets. US oil prices initially rallied on Tuesday as TV images depicted a violent uprising in Venezuela, […]
According to a new DataLight study, the popularity of Bitcoin, the top-of-the-line cryptocurrency, has skyrocketed in Venezuela amidst the ongoing political turmoil. On Feb. 2, the trading volume on LocalBitcoins […]
Venezuela’s oil industry has been in a tailspin in recent years, with the country’s crude oil production falling from 2.4 million barrels per day (bpd) in 2015 to only 1.34 […]
Oil prices crept up on Tuesday after Washington imposed sanctions on Venezuelan state-owned oil firm PDVSA in a step set to severely curb the OPEC member’s crude exports to the […]
Venezuelans might not have embraced the national cryptocurrency yet but their government has adoption on the agenda and it’s looking for ways to enforce it. The introduction of El Petro, […]
ConocoPhillips said on Monday that it had reached a settlement with Venezuela’s state-owned oil firm PDVSA to recover the full $2-billion amount that an international court awarded it earlier this […]