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Venezuela, Oil Sale and Petroleum industry in Russia

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Overview
 · 12d
Dollars trickle into Venezuela's economy after first sales of country's oil by U.S.
The first sales of Venezuelan oil by the U.S. seem to have stabilized prices for now, but there are many questions about the long-term viability of U.S. control of the Venezuelan economy.

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 · 8h
US Says It Has Returned to Venezuela All $500 Million of Initial Oil Sale
 · 1d · on MSN
Venezuelan oil is key to Trump’s Russia plan. There’s a problem with that
 · 16h
US refiners struggle to absorb sudden surge in Venezuelan oil imports
Oil refiners on the U.S. Gulf Coast are struggling to absorb a rapid surge in Venezuelan crude shipments since last month's flagship $2 billion supply deal between Caracas and Washington, pressuring p...

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 · 1d
US to cut tariffs on India to 18%, India agrees to end Russian oil purchases
 · 8h
US says it has returned to Venezuela all $500 million of initial oil sale
The Christian Science Monitor
13h

Venezuela hopes oil revival will ease economic woes. People want political change, too.

President Donald Trump and Venezuelan interim President Delcy Rodríguez are banking on oil for the success of their political futures. But that may not be enough for Venezuelans who want more than just economic relief.
1hon MSN

Venezuela tells China oil prices won't be set by the U.S., seeks to reassure investment after Maduro capture

Venezuela assured Beijing that its oil pricing will not be dictated by the U.S. and that Chinese investment in the South American country will remain secure.
6don MSN

Fresh oil dollars won’t fix Venezuela’s economy, says former minister

Hausmann warned that recent injections of dollars from oil sales do not solve structural economic problems under a “hyper-repressive” regime. View on euronews
8d

In Venezuela, Freeing the Economy, but Nothing Else

Interim leader Delcy Rodríguez is liberalizing the economy without dismantling her predecessor’s repressive apparatus, raising questions about her aims.
3d

Guyana Vs. Venezuela: Why One Is Winning The South American Oil War

Guyana and Venezuela share the same oil basin, but vastly different outcomes. This investor-focused analysis shows why institutions—not reserves—drive energy success.
4d

Venezuela’s acting president signs oil industry overhaul, easing state control to lure investors

Venezuela’s acting President Delcy Rodríguez on Thursday signed a law that opens the nation’s oil sector to privatization, reversing a tenet of the self-proclaimed socialist movement that has ruled the country for more than two decades.
16don MSN

How Venezuela went from South America's richest to poorest economy despite massive oil reserves

Decades of nationalization, socialism, crony hiring and money printing turned Venezuela’s oil sector into a hollow shell, shrinking output, crushing incomes and forcing a historic exodus.
11d

Oil, dollars and daily survival: the strange state of Venezuela’s economy

Dollars are trickling back into Venezuela, they’re the proceeds from the oil seized and by the U.S. That is helping to stabilize runaway prices in Venezuela—at least on paper. But for ordinary shoppers in Caracas,
Devdiscourse
1d

Measuring Venezuela’s Economy from Space Using Satellites and Machine Learning

IMF researchers show that satellite data, especially nighttime lights combined with machine learning can reliably estimate Venezuela’s economic growth even after official GDP data stopped being published.
Opinion
1dOpinion

Make Venezuela Great Again? Pt 1: What Happened – The Rise And Fall

Venezuela is a failed Petrostate – crippled by inherent distortions of a one-dimensional economy. Rebuilding a "new and improved" Petrostate is destined to fail (again).
8h

Trump administration plans to issue license allowing more drilling in Venezuela

The Trump administration is preparing to issue a license to formally allow more companies to drill for oil in Venezuela. A source familiar with the plan told The Hill that a general license could come as soon as this week.
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