The crisis in Venezuela is another scenario watched closely by oil analysts. Venezuelans have been fleeing the country as economic hardship worsens There is a general sense in markets that ...

Recent polls show that Venezuelans are overwhelmingly opposed to sanctions, with 65% against those implemented during Trump’s first term. This widespread refusal represents an essential viewpoint: ...

What's at the root of Venezuela's economic crisis? Venezuela is rich in oil. It has the largest proven oil reserves in the world. But it is arguably precisely this wealth that is also at the root ...

The modest recovery of recent years fails to mask Venezuela’s crisis: a shattered productive structure, poverty levels nearly ...

“With oil sanctions in 2019 ... In the worst of the humanitarian crisis, Venezuela waited with despair for the arrival of crude shipments from Iran. These were also a target for the Trump ...

Venezuela is in a state of protracted crisis. Since early 2014 ... The collapse of international oil prices has intensified Venezuela's problems. Oil exports account for over 96 percent of ...

The Trump administration has eliminated deportation protections for hundreds of thousands of Venezuelans in the United States ...

“And so began a complex crisis that has pushed millions ... In April 2020, El Aissami was appointed Venezuela’s minister of oil. An audit of PDVSA’s accounts in March this year showed ...

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Robert Rapier is a chemical engineer covering the energy sector. The Wall Street Journal reported this week that Venezuela's oil output in December fell by 11%, to 1.62 million barrels per day (BPD).