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2014-08-29 17:40:00

VENEZUELA: $90 UNCOMFORTABLE

VENEZUELA: $90 UNCOMFORTABLE

Venezuela's embattled Nicolás Maduro has spent most of his 19-month presidency fighting to avoid changing any of the economic policies he inherited from his predecessor, the late Hugo Chávez. Maduro has repeatedly told his countrymen that Chávez's socialist blueprint is working in spite of mounting shortages, soaring inflation, and two maxi-devaluations in the past two years. Now falling oil prices may force his hand.

The price of Venezuela's benchmark basket of crude and petroleum products fell on Aug. 22 to $90.89, a two-year low. Since the end of last month, the price has fallen 10 percent, tracking a surprising…

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Tags: OIL, VENEZUELA,

Chronicle:

VENEZUELA: $90 UNCOMFORTABLE
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S.KOREA RENEWABLE ENERGY

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VENEZUELA: $90 UNCOMFORTABLE
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UAE GDP WILL UP 4.7%

The International Monetary Fund (IMF), has forecast the UAE’s nominal Gross Domestic Product (GDP) to grow 4.7 percent to AED1.673 trillion in 2019, compared to AED1.589 trillion a year ago.

VENEZUELA: $90 UNCOMFORTABLE
2019, April, 19, 09:05:00

U.S. TRADE DEFICIT $49.4 BLN

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2019, April, 19, 09:00:00

U.S. RIGS DOWN 10 TO 1,012

BHGE - U.S. Rig Count is down 10 rigs from last week to 1,012, with oil rigs down 8 to 825, gas rigs down 2 to 187, and miscellaneous rigs unchanged at 0. Canada Rig Count unchanged from last week at 66, with oil rigs up 1 to 19 and gas rigs down 1 to 47.

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