The Daily Journal.— U.S. refiner Citgo posted record exports of ultra-low-sulfur diesel (ULSD) from its Brownsville, Texas, terminal during the second quarter, as the prolonged war between the United States and Iran continued to restrict global supplies of the fuel. According to the company’s earnings release, second-quarter ULSD export sales in Brownsville more than doubled […]
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Recovering the gold deposited in England and reshuffling the deck for the selection of Supreme Court justices are announcements that, if they materialize, would give the first dialogue process since January 3 an early victory. José Gregorio Yépez The resumption of negotiations between the Executive Branch and one sector of the opposition once again brings […]
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The Daily Journal. — The Central Bank of Venezuela (BCV) held a high-level meeting with representatives of Numisma Bank. This U.S. financial institution specializes exclusively in wholesale banknote services and explored strategic partnerships to optimize the country’s financial operations. According to an institutional statement from the BCV, both delegations discussed an agenda to ensure smooth […]
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The Daily Journal.- Venezuela’s oil production averaged 1.2 million barrels per day in July, up 1.09% from June, according to official figures cited by the Organization of the Petroleum Exporting Countries (OPEC) and reported by EFE. Output rose from 1.187 million barrels per day in June to 1.2 million in July, according to OPEC’s monthly […]
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The Daily Journal.- Oxford Economics cut its 2026 growth forecast for Venezuela by two percentage points to 6.3% after factoring in the impact of the June 24 earthquakes, Bloomberg reported. The firm also made a more modest adjustment to its 2027 forecast. It now expects the economy to grow 15.5%, one-tenth of a percentage point […]
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The Daily Journal.- Oil prices rose on Tuesday as negotiations between Iran and the United States to reopen the Strait of Hormuz remained stalled, fueling uncertainty over potential supply shortages in the Middle East. In that context, Brent crude, the benchmark for European markets, reached $90.03 per barrel, climbing 2.6% to its highest level since […]
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The Daily Journal.- Oil prices rose on Friday amid growing uncertainty over a potential agreement between Iran and Oman to reopen the Strait of Hormuz. The market, which had hoped for an imminent solution earlier in the week, turned nervous again after Tehran signaled its intention to ban U.S. and Israeli vessels from passing through […]
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Dr. Juan Barreto, Director of The Daily Journal for Venezuela and Latin America. Curly in his labyrinth. Could hell be starting to open beneath Marco Rubio’s feet? Where do I get this from? Well, the midterm elections are approaching, and all the polls seem to indicate that Democrats will prevail over Republicans. Some polls even […]
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The Daily Journal – When we stop and look at the state of the world, we scan the horizon from one side to the other and find ourselves overwhelmed, uneasy, even confused. Uncertainty fills us with anxiety because we cannot see the light at the end of the tunnel, and amid it all the same […]
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By José Gregorio Yépez A new round of talks between the opposition and the government is about to begin. What can we expect? Judging by what Dinorah Figuera said over the weekend, this new dialogue seemed to begin with a phone call. Yet Jorge Rodríguez’s August 1 statement made one thing unmistakably clear: the talks […]
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