Venezuelans cross border in hunt for food
Omar Torres felt a rush of emotion as he crossed the Simón Bolívar bridge between Colombia and Venezuela with his wife and daughters. “We almost cried when we entered Colombia, Continue Reading
Venezuela to seize Kimberly-Clark factory as production ends
Venezuela’s government said Monday that it will seize a factory belonging to Kimberly-Clark Corp. after the U.S. personal care giant said it was no longer possible to manufacture in this Continue Reading
Thousands of Venezuelans stream over border to Colombia
Tens of thousands of Venezuelans streamed across bridges into Colombia over the weekend after Venezuela briefly lifted a year-old border closure to allow people to buy food and medicine. Colombian Continue Reading
Crisis-struck Venezuela sends fuel oil tankers into tight Singapore market
Crisis-struck Venezuela is sending two supertankers filled with fuel oil across the oceans to Singapore, in what traders described as a surprise move that could help reduce a tight market. Continue Reading
Venezuelans are storming supermarkets and attacking trucks as food supplies dwindle
In the darkness the warehouse looks like any other, a metal-roofed hangar next to a clattering overpass, with homeless people sleeping nearby in the shadows. But inside, workers quietly unload Continue Reading
Venezuela Oil Services Debt Rises To $1.2 billion As Rig Count Dips
Contractors have cut back the drilling of oil in Venezuela amid a rising unpaid debt owed to suppliers by the Latin American country’s government and state-owned producer PDVSA. As originally Continue Reading
Venezuelans ‘Live to Repair’ Following Collapse of Car Industry
Venezuelans ‘Live to Repair’ Following Collapse of Car Industry Dollar shortages mean even scrapyards are running out of parts Recent deals may point to revival in local car manufacturing Adolfo Continue Reading
Venezuela’s Oil Output Decline Accelerates as Drillers Go Unpaid
Venezuela’s Oil Output Decline Accelerates as Drillers Go Unpaid Service companies owed more than $1 billion scale back work Crude output could decline further from a six-year low Venezuela’s oil Continue Reading
Aeromexico halts flights to Venezuela as crisis deepens
Another airline bites the dust of Venezuela’s worsening crisis, adding to the increasingly common sight of a near-empty tarmac at the Simón Bolívar airport serving Caracas. Aeromexico, Mexico’s largest carrier, Continue Reading
Oil Prices Could Spike As Analysts See Venezuela Losing 500,000 bpd
Oil prices have surged by more than 80 percent since February on the back of unexpected supply disruptions. But the market could be missing yet another potential supply disruption that Continue Reading