CAF approves a $550 million loan for Bolivia

The President of the Development Bank of Latin America and the Caribbean, Sergio Díaz-Granados, announced on Monday an immediate $550 million loan to provide liquidity to Bolivia. The news was communicated directly to the new president of…

Venezuela aims for increased oil production in 2026

Oil sector analysts indicate that production in Venezuela could increase to 1.5 million barrels per day by the end of 2026 if the growth rate recorded since 2023 is maintained. According to petroleum engineer and consultant Germán Márquez,…

IEA raises global oil supply growth

The International Energy Agency's forecasts for global oil supply at the end of 2025 and for 2026 were raised to 3.1 million and 2.5 million barrels per day, respectively. This is reflected in the IEA's recent report on this market,…