With delivery trucks under constant attack, the nation’s food is now transported under armed guard. Soldiers stand watch over bakeries. The police fire rubber bullets at desperate mobs storming grocery Continue Reading
Venezuelan police have arrested hundreds of people as the country’s food crisis erupted into deadly looting this week, heightening hardship and political uncertainty in the impoverished oil-producing nation. Dozens of Continue Reading
Venezuela’s Oil Minister Eulogio del Pino attends a meeting with President Nicolas Maduro at Miraflores Palace in Caracas, in this handout picture provided by Miraflores Palace on January 6, 2016. Continue Reading
Crude prices around $50 a barrel are enough for Venezuela’s state oil producer to avoid a default on its debt, company president and national oil minister Eulogio Del Pino said Continue Reading
Whether crisis-ridden Venezuela will default is a question increasingly on the minds of bond traders. It’s now also one that is getting front-page treatment from China, one of the Latin Continue Reading
Venezuelan security forces have arrested at least 400 people after the latest bout of looting and food riots in the crisis-hit OPEC member country, local officials said on Wednesday. Another Continue Reading
Russian Energy Minister Alexander Novak said on Thursday he discussed plans for a possible oil production freeze with his Venezuelan counterpart Eulogio del Pino on the sidelines of the St Continue Reading
Latin American national oil companies need crude prices to surpass $55 per barrel to break even, a level that would allow them to invest capital enough to start reverting declining Continue Reading
Venezuela is in talks with China to obtain a grace period in its oil-for-loans deal that would improve the OPEC nation’s capacity to make bond payments amid an economic crisis, Continue Reading
The US and Venezuela announced on Tuesday they would launch high-level diplomatic talks to ease tensions in the South American country amid a deepening humanitarian crisis. John Kerry, US secretary of Continue Reading
