Tag: U.S.-Venezuela oil agreement

José Guerra estimates the ‘fiscal sacrifice’ of the new oil agreement with the U.S. at $6 billion

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The mechanism means that Venezuela, “an impoverished country, is subsidizing a rich country like the United States,” the economist said Neirlay Andrade.— Venezuela could face a fiscal sacrifice of around US$6 billion under the terms of the new oil agreement with the United States, according to an estimate presented Tuesday by economist José Guerra, who […]

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Venezuelan crude exports rose 28% in August, driven by shipments to India

Tatiana Da GamaLeave a Comment on Venezuelan crude exports rose 28% in August, driven by shipments to India

The Daily Journal.- Venezuelan crude exports surged in August as U.S. President Donald Trump’s administration seeks to expand its control over the country’s oil sector. Oil tankers loaded an average of 1.114 million barrels per day of Venezuelan crude in August, a 28% increase from July, according to shipping reports, data from Kpler Ltd., and […]

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