Reuters: Venezuela’s oil exports fall in October due to lower stocks and diluent imports
Venezuela’s oil exports declined by 26% to 808,000 barrels per day in October, according to Reuters.
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Russia-Venezuela business meeting strategic alliance in energy and economic development
Caracas hosted the Russia-Venezuela Business meeting this Tuesday, which brought together more than 500 companies from both countries with the goal of strengthening cooperation in key sectors such as energy, finance, agriculture, technology, and artificial intelligence. The event took place amid a regional context marked by tensions with the United States.
Expoforo business forum “Venezuela Productiva 2030” drives alliances for a sustainable and competitive economy
For three days, more than 100 companies, 45 panelists, and representatives from the public, private, and academic sectors, as well as international cooperation, are meeting at the Hotel Renaissance La Castellana in Caracas to promote the country’s sustainable productivity. The event is organized by the United Nations Development Programme (UNDP), the Venezuelan Chamber of the Food Industry (CAVIDEA), and the Development Bank of Latin America and the Caribbean (CAF).
Venezuelan Oil Production Rises in September: How is it Being Achieved?
According to the latest OPEC report, Venezuela’s oil production has continued to increase since June despite the imposition of new restrictive measures by the United States.
Fedecámaras: Exchange Rate Gap Remains the Main Obstacle for Venezuelan Businesses in 2025
The exchange rate gap remains the leading challenge (15.4%) faced by private companies in Venezuela in 2025, according to the results of Fedecámaras’ Qualitative Survey of Business Chambers for the second quarter of the year.
Repsol seeks agreement with U.S. to collect debt from Venezuela
The Spanish oil company Repsol is in advanced talks with the Donald Trump administration to receive more than 330 million euros (about 387 million dollars) in crude oil and derivatives as part of the payment for the debt that Petróleos de Venezuela S.A. (PDVSA) has with the company.
Reuters: Venezuela’s oil exports surpass 1 million bpd for first time since 2020
Venezuela exported 1.09 million barrels per day in September, the highest monthly level since February 2020, according to data referenced by Reuters.
Foreign Investment Represents 10% of Margarita’s Real Estate Market
The island of Margarita is experiencing an upturn in its real estate market, with growing participation from foreign investors who see the Venezuelan Caribbean as a unique opportunity. Municipalities such as Maneiro and Antolín del Campo concentrate the highest demand, while efforts are being made to boost areas like Juan Griego and Porlamar.
Venezuela Ranks Last in the Economic Freedom Index for the Eleventh Consecutive Year
The Fraser Institute report highlights the close link between low economic freedom, lower per capita income, and reduced life expectancy….
The Bolivar’s Devaluation Accelerates on Venezuelan Crypto Platforms
The price of the bolivar in crypto asset markets continues to fall at a faster rate than the US dollar rate set by the Central Bank of Venezuela (BCV), reflecting a shortage of foreign currency.