Oil exports Archives - The Daily Journal

Vitol prepares expansion with a new office in Caracas, Reuters reports

July 9, 2026July 9, 2026Tatiana Da GamaLeave a Comment

The Daily Journal — Vitol, one of the world’s largest commodity trading companies, has begun preliminary preparations to open an operational office in Venezuela, according to an exclusive report by Reuters. Three sources with direct knowledge of the matter told Reuters that the move comes as “global trading houses expand their role in crude exports […]

Financial Times: Venezuela prepares record $240 billion debt restructuring

June 25, 2026June 25, 2026Tatiana Da GamaLeave a Comment

The Daily Journal — Venezuela is preparing to disclose public debt approaching $240 billion, a figure far higher than previous market estimates and one that would make the country the center of the largest sovereign debt restructuring in history, the British newspaper Financial Times reported on Wednesday. According to the financial newspaper, the administration led […]