Venezuela

Crude oil prices near $50 mark, with Nigeria outage

(Reuters) Oil prices hit six-month highs on Monday on worries about supply outages in Nigeria…

Ex- Venezuelan energy minister hails FG on downstream liberalization

Former Venezuelan Minister of Mines and Energy, Dr. Alirio Parra, has described the decision of…

Venezuela declares emergency, accuses US of coup plot

Venezuelan President Nicolas Maduro declared a 60-day state of emergency on Friday due to what…

Venezuela: Trust within OPEC broken

Trust within OPEC is badly broken after a failure to reach a deal to freeze…

US plotting to scuttle OPEC-non OPEC deal, says Venezuela

The United States is seeking to block a deal between OPEC and non-OPEC nations to…

Venezuela’s leader to the opposition: You can’t oust me

Venezuela's President Nicolas Maduro insisted on Thursday his opponents would fail in a new push…

Bread now a rarity in hitherto oil-rich Venezuela

(AFP) - At a popular east Caracas bakery, customers can buy Spanish olive oil, Italian…

Oil producers agree output freeze, market not impressed

Top global oil exporters including Russia and Saudi Arabia agreed on Tuesday to freeze output…

OPEC, Russia seek deal to curb crude oil glut

OPEC is renewing efforts among members and producers from outside the group for a deal…

Venezuela opposition wins majority in parliament

Venezuela's opposition trounced the ruling Socialists on Sunday to win the legislature for the first…