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Venezuela

The Central Bank of Venezuela (BCV) revealed that the country's cumulative inflation at the end of 2023 was 189.8%. This figure shows a significant decrease of 44.2 points compared to 2022, when inflation reached 234%. During the month of December, the inflation rate stood at 2.4%, marking the…
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PDVSA will pay debt to Curaçao refinery

The Venezuelan state oil company PDVSA announced that it will pay the debt with the Curaçao refinery, which it has maintained since 2019, to resume the supply of crude oil to the facilities. Patrick Newton, director of Refineria di Korsou…

India will buy oil from Venezuela

The relaxation of United States sanctions on Venezuela has brought new business opportunities in the oil area, where countries like India once again trust the country as a supplier of this important sector. In this sense, Indian Oil…