Moody's Investors Service assigned Wednesday to State-run oil holding Petróleos de Venezuela (Pdvsa) a rating of B1 both as global local currency a foreign currency issuer with a stable outlook.

Moody's withdrew Pdvsa's ratings last year, in response to the company's de-registration with the SEC and protracted delays in the receipt of timely and transparent financial information, Reuters quoted.

Since then, Pdvsa has produced updated audited financial statements for fiscal years 2004 and 2005 under International Financial Reporting Standards (IFRS) and interim unaudited results for 2006.