Venezuelan oil accounts for 9% of India’s crude imports

Venezuela ranked among India’s leading oil suppliers in August, as the country imported an average of 4.5 million barrels per day. The Daily Journal.- Venezuelan oil accounted for 9% of India’s crude imports in August, according to the monthly report that the Organization of the Petroleum Exporting Countries (OPEC) released on Tuesday. The oil-producing group […]

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Brazil and Venezuela drive oil demand growth in Latin America

Regional consumption increased by 170,000 barrels per day year over year in July, with both countries accounting for more than half of the growth, according to OPEC’s monthly report released Tuesday. The Daily Journal.- Brazil and Venezuela accounted for more than half of the year-over-year growth in Latin America’s oil demand in July, as regional […]

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The reinvention of the conquest in Latin America

Héctor Sánchez On October 12, 1492, Christopher Columbus landed on a Caribbean island, convinced—as official school history textbooks taught us—that he had reached the Indies. He brought glass necklaces and little mirrors, along with, of course, weapons and devastating diseases. In exchange for these trinkets, he seized the gold, the land, and the destiny of […]

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Lula da Silva scores a goal against gambling addiction in Brazil

Luis Vilchez President Luiz Inácio Lula da Silva is fighting for reelection in Brazil against Senator Flávio Bolsonaro, son of former President Jair Bolsonaro. Both will head to a runoff election in the South American giant. One of the measures taken by the 80-year-old politician before the first round was to show online gambling a […]

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Lula’s support drops by more than three million votes compared with 2022

The Daily Journal.— Opposition Senator Flávio Bolsonaro and President Luiz Inácio Lula da Silva will face each other in Brazil’s presidential runoff scheduled for October 25, after election officials confirmed the results of Sunday’s vote with 99.99% of ballots counted. According to consolidated data from Brazil’s Superior Electoral Court (TSE), former President Jair Bolsonaro’s eldest […]

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CAF excludes Venezuela from $1 billion climate financing package for the region

The Daily Journal.- The Board of Directors of CAF — Development Bank of Latin America and the Caribbean — approved a $3.5 billion financing package comprising 15 operations across 10 countries in the region, with funds targeting infrastructure, sustainable mobility, energy transition, social development and climate action. Venezuela does not appear among the direct beneficiaries […]

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U.S. says Trump-Rodríguez meeting does not legitimize Venezuelan government

The Daily Journal.- Natalia Molano, the U.S. State Department’s Spanish-language spokesperson, told EFE in an interview that the meeting between President Donald Trump and Venezuela’s interim president, Delcy Rodríguez, does not legitimize the Venezuelan government. According to Molano, the meeting did not aim to confer legitimacy on Rodríguez, as the Venezuelan people have not elected […]

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Lula says U.S. treats Delcy Rodríguez as if it were her boss

The Brazilian president criticized the U.S. intervention in Venezuela and called for elections so citizens can decide who should hold the presidency. The Daily Journal.- Brazilian President Luiz Inácio Lula da Silva said Monday that the United States treats Venezuela’s interim President Delcy Rodríguez as if it were her boss, criticizing Washington’s intervention in the […]

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Venezuela ranks among India’s five largest oil suppliers

The Daily Journal.— Venezuela ranked among India’s five largest oil suppliers during the six months of war in Iran, accounting for nearly 5% of the Asian giant’s total imports, according to data from analytics firm Kpler. Venezuela joined Brazil in the Russia-led group, followed by the United Arab Emirates and Saudi Arabia, as the global […]

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Venezuela consolidates position as Latin America and the Caribbean’s Third-Largest oil producer

The Daily Journal.— Venezuela ranked as the third-largest oil producer in Latin America and the Caribbean in April, accounting for 11% of the region’s crude output, according to the latest report from the Latin American Energy Organization (Olacde), cited by EFE. Regional oil production reached 318 million barrels in April, up 10% from the same […]

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