News Venezuela Finance: Oil Discounts Deepen Venezuela's Financial Freefall
Venezuela's crumbling economy, marked by hyperinflation and a collapsing currency, is increasing pressure on Nicolas Maduro's regime and fueling both internal dissent and external speculation about a US-backed regime change.
News Venezuela Finance: Venezuela says it has the world's largest reserves of crude oil. Making it viable is a whole other problem.
Despite exporting less than 1% of the world's supply of oil, Venezuela has been a key focal point in the energy market for decades. Why? Because the country claims to have the largest reserves of ...
News Venezuela Finance: Venezuela is SLB and Halliburton earnings wildcard this week
Debate is raging over whether President Donald Trump’s plan to reboot Venezuela's oil production will succeed. While fans argue there is simply too much money at stake for major oil companies to ignore, naysayers point to a decade of "once-bitten, twice-shy" failures that have left E&P balance ...
News Venezuela Finance: Venezuela has the world’s largest proven oil reserves, but it can’t solve for the Strait of Hormuz ‘math problem’
As the Iran war drags deeper into its third week, one seemingly obvious solution for more energy is crude oil from Venezuela after the Trump administration seized former leader Nicolás Maduro and ...
News Venezuela Finance: Is Venezuela Lying About Its Oil Output?
A surprise jump in Venezuela’s crude oil output at the end of 2021 caught industry analysts by surprise. According to data provided by Caracas to OPEC the crisis-riven country pumped an average ...
