Reinaldo Quintero News Today

Stocks have been tumbling this week. Investors are hoping the upcoming earnings season will help bring back this year’s banner rally.

The relationship between the U.S. and Venezuela seems like a rollercoaster, and oil is always at the center of it.

On December 21st, the Venezuelan government signed a license for Shell plc and Trinidad and Tobago’s National Gas Company (NGC) to operate and exploit the Dragon gas f...

As of November 17th, Venezuela’s Merey crude sold at $65 per barrel in Mediterranean-bound shipments, and $64 for Asia-bound.

Beyond that, there are obvious questions regarding political stability, corruption, economic policy, and others, that will be approached in the future.

By Carlos Seijas Meneses Caracas, Aug 25 (EFE).- Venezuelan oil production, which has fallen by 28 percent since last December after briefly recovering in the latter part of 2021, is slipping farther away from President Nicolas Maduro’s target of 2 million barrels per day by year’s end. An increase of 218 percent above July’s level …

Venezuela creditors are holding a rare meeting in Davos next week to discuss potential opportunities in the oil sector amid increasing optimism for investment in the country as the U.S. floats easing some sanctions.

(Bloomberg) — Venezuela creditors are holding a rare meeting in Davos next week to discuss potential opportunities in the oil sector amid increasing optimism…

Some U.S. oilfield firms whose Venezuelan operations were frozen by sanctions are joining an appeal to Washington for authorizations to restart oil drilling in the South American country, according to eight sources with knowledge of the talks. If they are allowed to resume work, Venezuela could quickly ramp up production capacity beyond 1 million barrels ...

By Marianna Parraga, Matt Spetalnick and Deisy Buitrago HOUSTON/WASHINGTON/CARACAS (Reuters) - Some U.S. oilfield firms whose Venezuelan operations we...