Understand how the Venezuelan economy moves.
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.
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.
Venezuela exported 1.09 million barrels per day in September, the highest monthly level since February 2020, according to data referenced by Reuters.
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.
The Fraser Institute report highlights the close link between low economic freedom, lower per capita income, and reduced life expectancy….
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.
The Colombian hydrocarbon sector has intensified its presence in Guyana through business agreements and increased air connectivity. However, the possibility of importing gas from Venezuela remains blocked by U.S. sanctions, heightening fears of a supply deficit by 2026.
A U.S. judge upheld the validity of PDVSA bonds due in 2020, which was secured by a majority stake in U.S.-based refiner Citgo.
Without continuous investment in these fields, the world would lose the equivalent of the combined oil production of Brazil and…
Venezuela’s oil production rose by at least 13,000 barrels per day (bpd) in August, according to the monthly report from the OPEC.
