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Category: Venezuela

Category:
  • Venezuela

Venezuela’s Maduro says he will withdraw embassy, consulate staff from Washington and other U.S. cities

The United States and Venezuela were locked in a tense international standoff Thursday as the Trump administration kept embassy staff in the country despite an official order to eject them, Continue Reading

Posted On : 25 Jan 2019 Published By : Tom Whipple
Category:
  • Venezuela

Maduro illegitimacy declaration sparks confusion in US oil sector

Trump administration seeks to strip Maduro of oil revenues Questions surround commercial transactions with Venezuela Treasury guidance could follow sanctions Washington — The US designation of Juan Guaido as Venezuela’s Continue Reading

Posted On : 25 Jan 2019 Published By : Tom Whipple
Category:
  • Venezuela

Venezuela’s political turmoil sparks investor fears

Political chaos in Venezuela sparked by international support for the leadership of opposition politician Juan Guaidó has called into question more than $25bn worth of investments made by China and Russia, the Continue Reading

Posted On : 25 Jan 2019 Published By : Tom Whipple
Category:
  • Venezuela

U.S. weighs oil sanctions on Venezuela as it steps up pressure

The Trump administration ratcheted up pressure on Venezuelan President Nicolas Maduro on Wednesday, signaling potential new sanctions against the country’s vital oil sector as it recognized Venezuela’s opposition leader as Continue Reading

Posted On : 24 Jan 2019 Published By : Tom Whipple
Category:
  • Venezuela

Venezuelan political turmoil hits US oil refiners

The prospect of further falls in Venezuela’s oil output after the US and Canada embraced its opposition leader as interim president caused tremors in energy markets, underlining the Opec member’s Continue Reading

Posted On : 24 Jan 2019 Published By : Tom Whipple
Category:
  • Venezuela

Venezuela’s PDVSA, in default, says total debt fell in 2018

Venezuela’s state-run oil company PDVSA  said on Tuesday its debt fell 5 percent in 2018 from a year ago to $34.6 billion, though it remains in default on most of Continue Reading

Posted On : 23 Jan 2019 Published By : Tom Whipple
Category:
  • Venezuela

U.S. Refiners Rush To Buy Heavy Oil As Trump Looks To Punish Maduro

Refiners in the United States are stocking up on heavy crude, pushing prices higher, as the Trump administration prepares to slam more punitive measures on Caracas after the inauguration of Continue Reading

Posted On : 19 Jan 2019 Published By : Tom Whipple
Category:
  • Venezuela

U.S. refiners scramble as White House eyes Venezuela sanctions

U.S. refiners are bidding up prices for scarce types of crude oil needed for their most sophisticated plants as the United States reconsiders harsher sanctions on Venezuela that could further Continue Reading

Posted On : 18 Jan 2019 Published By : Tom Whipple
Category:
  • Venezuela

Venezuelan crude production continued to decline in December

Venezuelan crude oil production continued its steady decline and hit a new low in December with just 1.15 million barrels per day produced, unwillingly contributing to the OPEC agreed on production Continue Reading

Posted On : 18 Jan 2019 Published By : Tom Whipple
Category:
  • Venezuela

White House told US refiners Venezuela oil sanctions under consideration: sources

Highlights Trump administration has long resisted oil sector sanctions Citgo, Chevron, PBF, Valero major importers of Venezuelan crude Sanctions on oil flows one of many options being weighed Washington — Continue Reading

Posted On : 17 Jan 2019 Published By : Tom Whipple

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