Oil Prices Finally Break $60 Oil prices finally broke the $60 mark this week after positive EIA reports and strong rhetoric from both OPEC and Russia. Important Note for Energy Investors: Experts predict a dull 2018 for oil, but one obscure public energy company is poised to explode—and this $10 stock could hand you…
Venezuela published the price of its oil and fuel in Chinese currency on Friday in what it called an effort to free the socialist-run country from the “tyranny of the dollar,” echoing a plan recently announced by President Nicolas Maduro. Maduro last week said his government would shun the dollar after the United States announced…
Pope Francis “The Holy See expresses again her profound concern for the radicalization and aggravation of the crisis in the Bolivarian Republic of Venezuela, with the increase in the number of deaths, wounded and those who have been detained,” CNA The Pope has issued an appeal to Venezuelan President Nicolás Maduro after he installed a…
Russian company Rosneft plans to invest $500 million in the development of oil fields in the Orinoco oil belt in Venezuela. The agreement on additional investment was signed on Friday night, Feb. 19, 2016 in the presence of the President of the Bolivarian Republic Nicolas Maduro, Venezolana de Television TV channel said. “According to the law…
